Recurring ACV includes both subscription lease ACV and all maintenance ACV (including maintenance from perpetual licenses). It excludes perpetual license ACV and service ACV.
/ Revenue
| (in thousands, except percentages) |
Q2 QTD
2024 |
Q2 QTD 2024
in Constant Currency |
Q2 QTD
2023 | % Change |
% Change in
Constant Currency | ||||||||||||
| Revenue | $ | 594,138 | $ | 603,944 | $ | 496,599 | 19.6 | % | 21.6 | % | |||||||
| (in thousands, except percentages) |
Q2 YTD
2024 |
Q2 YTD 2024
in Constant Currency |
Q2 YTD
2023 | % Change |
% Change in
Constant Currency | ||||||||||||
| Revenue | $ | 1,060,743 | $ | 1,074,452 | $ | 1,006,046 | 5.4 | % | 6.8 | % | |||||||
The increase in revenue was driven by two multi-year contracts with a combined value of $210 million, one in the automotive industry and one in the high-tech industry, that were booked during the second quarter in the Americas region.
