Field reported fiscal Q2 2023 income of $246 million final week, up 15% from its year-ago consequence. Whereas that tempo was down barely from the 18% progress Field posted in its prior quarter, the speed of growth seems to be what the corporate fancies by way of progress transferring ahead.
That $246 million determine places the corporate on a run price of almost $1 billion, a magic milestone for any SaaS firm. What’s extra, the corporate’s steerage for the present quarter of between $250 million and $252 million places it excessive by way of reaching a 10-figure run price.
By now, it’s well-known that Field has not had a straightforward time within the public markets. To get to in the present day, it needed to survive the slings and arrows of an activist investor, to choose an instance, one thing that it has now come out the opposite facet of.
