Mark Barrenechea : Yes. Thanos just to add to that, look, I’m expecting solid performance from Micro Focus on these five months. It’s really tough. And I don’t actually think it’s meaningful to look at those five months a year ago because they didn’t run the business that way. And they don’t have an end of March, right? They didn’t have an end of March had an end of April, we have an end of March. They didn’t have an end of June, right? They had an end of October. So we’re going to get them on board to our periods, and we’re going to drive performance hard. The team is quite motivated, right? So I’m expecting solid performance, as Madhu highlighted $870 million to $920 million do not annualize that number, because they didn’t run as an IFS reporter every six months to our period.
So we get all that period stuff out of the way, immediately, we can get all that noise out of the system. We’ve aligned to our calendar. And we wanted to make it easy for you and say, it’s 820 €“ I’m sorry, $870 to $920 million. And next year, the baseline is 2.33. But we expect strong performance, strong customer wins. I can’t wait to shout some out when we close the quarter.
Thanos Moschopoulos: Perfect. I appreciate all that and appreciate all the guidance and stuff you provided. Thanks.
Madhu Ranganathan: Thank you.
Mark Barrenechea: Thank you.
Operator: The next question comes from Richard Tse of National Bank Financial. Please go ahead.
Richard Tse: Yes. Thanks for providing all the color. That’s super helpful in terms of kind of helping us forecast the outlook. I just have one question. It looks like a great transaction from a valuation standpoint, everything. If there were any potential blind spots, where would they be sort of based on your kind of past experience with previous acquisitions?
Mark Barrenechea: Yeah, it, fair enough. Look, I always thought to the house is our talent, which we’re off to a great start on understanding customer needs, and that’s going to be a big outreach for us. On the system side, in this case, we’re integrating to our systems. And I appreciate all the work that they’ve done historically, but we’re taking their product line, and we’re integrate into SAP, or integrate into our sales force. We’ll integrate into our M365 teams environment. We’ll integrate into our information system. So typically, there could be surprises on the system side, but we’ll be integrating into our world-class tech stack that run and scales OpenText. So I think it’s the usual markers that we’re going to continue to pay, obviously, very close attention to people, customers and systems.
Richard Tse: Okay. Great. Thank you.
Operator: The next question comes from Daniel Chan of TD Securities. Please go ahead.
Daniel Chan: Hey. Mark. Now that the deal is closed, I’m hoping you can give us more color on how some of those early conversations are going with Micro Focus’ customers on being able to cross-sell cost services into the installations?
Mark Barrenechea: Yeah, early days, feedback from customers, I’ve obviously a busy week. I’ve spent, I’ve spoken to almost a dozen customers this week. And the overarching theme is we love where the products have landed, incredible talent, incredible products. We love where Micro Focus products landed. But two, lots of joint opportunity on integration. So, a lot of interesting use cases and potential coming out. And a real reaffirmation of where we feel the value drivers are faster integration. Now mind you, they haven’t had this innovation culture per se, right? We have a CEO and CTO. We have a great Head of Engineering. We organized one of our — heart has four valves, one of those valves is innovation and getting to our every 90 days accelerated innovation.
