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● GAAP operating margin rose to 10.8% from 9.3%, and non-GAAP margin to 16.4%.
● Sales-led subscription revenue grew 18% to US$399 million.
● Adjusted EBITDA rose 37% to a company record of US$30.1 million.
● Net loss from continuing operations narrowed to US$81.6 million from US$261.1 million.
● Adjusted EBITDA rose 7% to US$84.7 million, a 34% margin.
● The IPO sold 34.5 million Class A shares at US$185, raising about US$6.38 billion.
● The deal values CCC at anEnterprise valueof about US$6.1 billion.
● Second-quarterRevenuewas $704.2 million, up 126%, but organic growth was only 3%.
● Annualised recurring revenues reached $1,536.0 million, with constant-currency growth of 12%.
● Cloud services contributed $23.8 million, up 42% sequentially, at about a 58% margin.
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