“For a Q4 revenue guidance, we expect revenue of $418 million and we expect adjusted operating margin of 22%.”

In context

“and related employer payroll taxes, was $116 million, representing an adjusted operating margin of 30% our fourth consecutive quarter with adjusted operating margin at or above 30%. Third-quarter adjusted expenses, the bulk of expense growth is driven by continued investments in product development in sales to support, durable, long-term growth. Marketing expenses were up a 144% quarter-over-quarter as we continue to fuel demand generation. In the third quarter we generated a $119 million in adjusted free cash flow, representing a margin of 30%. Through the first 9 months of 2021, adjusted free cash flow was $320 million, representing an improvement of $605 million versus the prior year period. We ended the third quarter with over $2.3 billion in cash and no debt. Turning to our outlook. For a Q4 revenue guidance, we expect revenue of $418 million and we expect adjusted operating margin of 22%. Our Q4 revenue guidance implies full-year 2021 revenue of $1.527 billion, which represents another year of revenue growth of 40% or higher. Additionally, for the full-year 2021, we are raising our annual adjusted free cash flow guidance to an excess of $400 million, an increase of $100 million from our prior guidance. Continuing to execute the guidance strategy set forth by our CEO, Alex Karp, in our year-end 2020 earnings call with regard to long-term revenue guidance, we are providing and will continue to provide guidance of 30% or greater revenue growth for this year, and the next 4 years at each earnings call. With that, I'll turn the call over to Rodney to open up Q&A. Rodney Nelson: Thanks, Dave. We will begin with questions from our shareholders submitted today. Shyam, this first o”