Reports Q1 revenue $117.56M, consensus $116.09M. Trailing 12-month net retention rate decreased to 116% in the first quarter from 119% in the fourth quarter of 2022. Dollar-Based Net Expansion Rate decreased to 121% in the first quarter from 123% in the fourth quarter of 2022. The company’s total customer count was 3,100 in Q1, up 38 from Q4. The company said, "As we continue to gain customer mind share with these efforts, we will be focused on accelerating market share gains as well."
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