and RapidX everyone. quarter you operating us results. caps in Neeraj, afternoon you, earnings Thank fourth XXXX for full strong today call. XXXX great joining another Thank full good all off a year and with on year year
improvement exceeded end delivering Our our ARR while grew again by operating of margin year-over-year. guidance XX%, we a and in X-point of the high revenue non-GAAP growth XX% with
by customers results We over more was a are and grew demand customer environment XX% reflect by to future we increased a well-positioned These in and see portfolio, product a large diversified well growth. and into we execution. ARR per of opportunity than again leading healthy XX% XXXX believe and front consistent customers and X,XXX With average $XX,XXX. for us
of deliver As result, mid-point, for ARR strong to the expect while continuing XXXX XX% growth operating a at leverage. we
pace for XXXX. through Investor XXXX. met RapidX profitability ago XXXX ARR ambitious our targets by XXXX $XXX target guided revenue of are at non-GAAP ARR We million Day we breakeven set a in by goals our revenue of we Two outlined years comfortably We exceed profitability to and XXXX. for an our and on and to
quickly review our Now, before goals. about talk we XXXX XXXX let’s goals,
delivered by XX%. and was in growth XX%-plus Our we strong XXXX ARR grow first to goal of
customer platform to goal customers make Our optimize adopt to our our economics. and second for easier was it our
room we a plenty potential and of have customer from per grew $XX,XXX, of Our to But ago. years by by customer two currently at ARR XX% with per $XXX,XXX grow. XX% ARR against
was XXXX. goal in profitability to achieve third Our non-GAAP operating
we investments, operating last of continue in before, while ourselves we delivering business with our growth mentioned for year, to XXXX. over course in these setting continued in the margin growth up strong ARR significant XXXX, we delivered and improvement invest As even
entering momentum strong have XXXX. We
the all products Our represent at maturity, that driving we in product term results growth. us growth. significant platform our a they with four meaningful foundation of working of reflect are and operate for pillars different levels and stages markets These together provide but is with strategy a long are each opportunity healthy
years. expect flagship InsightVM but growth remains in market than our last the slower a we grow to management healthy the product, and the rate, vulnerability two experienced at
through on behalf Economic is investments highlighted productivity by increase Forrester It of prioritization, and focused of on that on commissioned recent their Forrester's Consulting RapidX. satisfaction is a remediation this helping productivity InsightVM Our study customers automation. Total Impact in customer are by is which study the primarily best improving focus InsightVM, conducted
could Forrester a than realize InsightVM XX% compared over patching more XX% customers false with XXX% efforts highlights that period, year over VM incumbent positives reduction in solution. their three when potentially reduction ROI of to and
recognition example is world’s really our counties. great customers recent of A XXX success our that was our the deal with it’s as of winning and customer accounting one operations bodies platform with than of But existing more matters. customers, of expansion the largest strategy resonating new in
the We early over their latency XXXX vulnerability InsightAppSec, in challenges management they solutions. them have with to in SIEM with secured but applications time we engaged began to [ph] faced also initially the and understand with
ARR. platform, platform, of they realized of adopting and As Insight original Xx terms the the in our complete they impact to a up of leading ended deal value the multiple
share providing of solutions grow rate, market. powerful owner security critical yet with at gain well focus InsightIDR our cyber positioned an this on cloud exceptional solution, to we are [inaudible] the our SIEM a segment simple, market continues in to
our products. with with established have also just not products, momentum emerging but our We
state capabilities investments is have and market with are our a InsightConnect. the we Company company. Sullivan workflows These be are we store confidence that recognitions developed RapidX occupant refined different and uniquely industry huge and and recognize the build Award. of increasing in Store track this needs It space. the a Over growth Global to the years Frost for on focusing Year last XXXX believe on year opportunity enterprises of to dedication, the will & will relation to of This The we we this growth. two we experts us positioned accelerate of customers global to is give resources let a our be by the that
let’s turn Now, goals to our main XXXX. three for
continue Our growth. first drive sustainable goal top-line is to
are of We XX% to revenue of and XXXX. forecasting to XX% ARR growth for XX% XX% growth
continue is goal to customer engine. Our second economics our optimize to
delivering on growth economics. strong our we will heavily be in We customer and are focused existing improving investing customer
in emerging be increase driven are platform, While our and increase up-sale customer in who acquisition broad on increases costs customer significant by our customers higher our Insight across we value, the base. at real to a are improvement introducing key will factors: products paying which customer life-time are efficiencies, our in stable, rate, our three
higher We per are achievement by of customers, higher driven substantially and efficient of for per evidence a already our seeing platform this ARR cross-sell more a customer have Insight which products customers, engine.
drive business. Our is leverage in our to third goal to continue
We income are to full-year X% of million million a for $X over for $XX to XXXX, market XXXX. operating non-GAAP guiding improvement a X%
I of sharing our close I term like about to we it perspective how would Before over long Jeff, think a out process. by hand to
is to and on resonating provision we be foremost, set mission that customers forth. the scaling will delivering with focused and already our First and set-top we continue
profitability. deliver platform will and and able we we engine believe growth that Second, sustainable are we of benefits to continued our seeing leverage with the
today Specifically, a XX% can we revenue through deliver are confident of XXXX. CAGR that at year we three least
Additionally, deliver the ARR grow you low should to X% mid-XXs. in X% us expect to to improvement of margin operating that will
less pursue delivering X% shareholders creation, for home to X% of XX% focus improvement aggressively us value an margin to X% allows model well. than expect the value ARR and XXs ARR This owner improvement operating of an while margin growth. to Expect and of over mid-to-high customer our as for growth operational operating
needs. enterprises In conclusion, cyber sizes very is security all for challenges help to well solve of RapidX and positioned
strategy customers a are us our on embracing profitability. to and and forward our Our targets. delivering XXXX multi-product our sustainable growth to We platform on look path puts
With Jeff? to the over turn Jeff our call that, Kalowski. CFO, me let
