[danielmarkbruce]

They are doubling revenue every X months (currently about 12). And it's a big market and getting bigger, so they might be able to keep X pretty low for a pretty long time. They are adding customers + adding revenue at existing customers. Double revenue every 12 months and you get to 32x in 5 years. And it's pretty sticky.

[blitzar]

From last nights call:

For the full fiscal 2023, we expect product revenue between $1.88 billion and $1.9 billion, representing year-over-year growth between 65% and 67%.

So growth slowing from 100% yoy, hence shares -20% pre market

[danielmarkbruce]

Yup, it's interesting stuff. The efficiency claims (ie for customers) seems believable (like maybe 70% true?) so it will be interesting to see where those growth numbers go from here... up/down/sideways, it all seems very possible