“Billings for Q3 are projected to show solid growth between 1-2% sequentially, reflecting the usual growth trajectory.”

In context

“Keith Jensen (Chief Financial Officer): I’d like to correlate that with the guidance setting for Q3 and Q4. Given the research on various environments we've been in, we need to be quite nimble with our assumptions and what we expect moving ahead. The assumptions for Q3 were largely based on the actual results we observed in Q2. Billings for Q3 are projected to show solid growth between 1-2% sequentially, reflecting the usual growth trajectory. We might see a somewhat more cautious outlook for Q4, particularly as the seasonality assumption applied indicates lower growth than in past periods. We aim to balance expectations with the strength of last year’s Q4 as a comparison.”