Says Q1 free cash flow of $1.9B up $600M y/y. Expects HashiCorp (HCP) deal to be accretive to adjusted EBITDA in first year post close. Remains “committed” to dividend. Says continues to invest in emerging technologies. Says very strong liquidity position. Reports Q1 signings growth of 4%. Says overall backlog “remains healthy.” Says well positioned to grow revenue, free cash flow for the year. Comments taken from Q1 earnings conference call.
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