I had spent a considerable amount of time these past months speaking with the customers and especially customers of our recently acquired NetMotion products. Specifically that we are committed to operating as a Rule of 40 Company. I am very pleased with the quarter and would like to take this opportunity to reiterate the state of the long-term goal remains the same. We also generated record operating cash flow of $14.7 million in the quarter while driving a healthy 15% year-on-year growth in ARR across products, segments and reached them. This resulted investing the sixth consecutive quarter of Absolute being a Rule of 40 Company on a combined revenue and adjusted EBITDA basis. Building our strong performance in Q1, we delivered another strong quarter in Q2, achieving 17% adjusted revenue growth year-on-year, with an adjusted EBITDA margin of 26%. And thank you to everyone joining us today. I would now like to turn the conference over to Christy Wyatt, President and Chief Executive Officer. I'd also like to remind everyone that this conference call is being recorded today, Tuesday, February 8th at 5 PM Eastern time. For more information on the assumptions, risks, and uncertainties relating to these forward-looking statements, please refer to the appropriate section of the Company's MD&A, which will be available on the Absolute Software's website and on the SEDAR and EDGAR. Whether as a result of new information, future events, or otherwise, except as may be required by applicable security look. And Absolute Software undertakes no obligation to update or revise publicly any of the included forward-looking statements. Any forward-looking statements contained in today's conference call are made as of today's date. Any such statements are subject to assumptions, risks, and uncertainties that could cause actual results to differ materially from those projected in such forward-looking statements. Before beginning its formal remarks, Absolute Software would like to remind you that today's portions of today's discussion may contain forward-looking statements that reflect current views with respect to future events and conditions. All participants will be in a listen-only mode. Welcome to the Absolute Software's Fiscal 2022, second quarter financial results conference call.
Thanos Moschopoulos – BMO Capital Markets Absolute Software Corporation ( NASDAQ: ABST) Q2 2022 Earnings Conference Call Febru5:00 PM ETĬhristy Wyatt – President and Chief Executive Officer
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