So, we’re well on our way to achieving our profitability targets. We expect Q4 free cash flow margin in the negative single digits, so you’re going to see improvement there too. So really what we’re doing is we’re aligning our investment plans with the pace of growth. We’ll continue to selectively invest in key growth areas such as cloud and data, unlocking significant TAMs where we have distinct competitive advantages. And that’s the path that we’re progressing to. Obviously, we’ll be guiding at the end of Q4, so look out for that. But everything we’re doing as a company and a lot of the improvements you’re seeing right now are setting us up on the pace to make sure that what we want to achieve in fiscal 2025 becomes achievable.
Right now we’re focused on free cash flow creation. We expect that in the second half of next year, and we’re working towards that.
Tomer Weingarten: As for Purple pricing, as I mentioned, given that it’s an enterprise-wide capability, we’re still obviously experimenting with it. It’s still obviously not fully baked. But to us, I mean, just attaching it to the data ingested, I think is something that we see as just a very straightforward way to go about it. That said, obviously for platform capabilities set so wide, like the one that we have today, you also see us doing more and more ELA type structured deals. So you can imagine Purple can be part of that. So, all-in-all, a lot of opportunity for more uplift. But I’ll just once again mention, to us, it’s about customer value. And we want to sure that customers see the value from Purple. I think the pricing structure is secondary to the amount of value that you can tangibly show to the customer, and that’s the focus with Purple AI.
Operator: Thank you. I would now like to pass the conference back to Tomer Weingarten, the CEO, for any closing remarks.
Tomer Weingarten: Thank you all for joining us today. From a collective standpoint, the ongoing conflicts and geopolitical tensions impacting people around the globe are disheartening. I’m humbled by the perseverance and commitment of Sentinels globally and especially our own people in Israel, who endured some of the worst atrocities in recent history. Cyber warfare plays an important role in this as well. Cyber attacks, espionage, disinformation and influence operations are attempting to destabilize so many aspects of society. The war in cyberspace is now fully embedded into all of our lives and the concept of truth is eroding. Generative AI capabilities are a significant contributing factor to the severity of the situation, and this is only generation one.
At SentinelOne, our mission is to be a force for good using AI technology to create a safer world and safeguard our customers. We hope for a peaceful tomorrow. Once again, I want to thank all Sentinels, our customers and our partners for helping us drive this mission. Thank you.
Operator: That concludes today’s conference call. I hope you all enjoy the rest of your day. You may now disconnect your lines.
