“Secondly is our AFF headwind will sunset this quarter. We expect that it will return to growth this quarter.”

In context

“Angie Park: I think, for us, because of the uncertainty that we experienced, particularly in the last few weeks of the quarter, we did want to make sure that you understood that more of the range is in play. Tien-Tsin, I think one of the things that you are trying to get underneath is really around our exit rate and what that looks like going forward, right? I know that that is top of mind for you guys because you used Q4 as that basis, I want to make sure that I get a few points out for you to consider because this is what we are thinking about as well. If you think about the acquisitions that we have announced today, and the expected closing, we do expect to enter FY 2027 slightly below 2% of inorganic growth. Secondly is our AFF headwind will sunset this quarter. We expect that it will return to growth this quarter. The third is related to the managed services opportunities that Julie mentioned and when they close in 2027. Then, of course, this conflict that Julie already mentioned in discussing with Bryan, that's a variable. We'll see how that evolves. At the same time, we are executing in new areas, including demand in AI and expanding our TAM. These are the elements as we think about in terms of how we look forward into 2027. Importantly, within our range for revenue of 1%-5% for the quarter margin in EPS, we expect strong overall margin in EPS expansion for the year.”