Q: If not asked already, can we get your comments on earnings and what you think lies ahead? Does any one thing stand out?
EPS of $0.61 beat estimates of $0.257 and revenues of $98.48M missed estimates of $99.23M. Adjusted EBITDA grew 87% year-over-year to $21.1M, beating estimates of $13.6M. Revenues grew by 44% for the year and the company guided for total revenue of $420M to $430M and an Adjusted EBITDA margin of 13% to 15% for the full year. This guidance reflects ongoing revenue growth acceleration in SaaS, despite its currency headwinds. The company grew its customer base by 40% and management is quite optimistic about its strong momentum heading into 2023. KXS expanded its balance sheet, executed well on managing costs, and expects SaaS revenue growth of 25% to 27% for FY2023. We consider these to be strong results and feel that investors should be happy with the company's continued growth in its customer base and improvement in operational efficiencies.