Tal Liani
BofA Securities, Research Division

Jay, thank you so much for joining our conference. I really waited for this session because I read an interview with you that you believe that investors -- you don't do a good enough job to explain your company to investors. So I want to give you the opportunity to explain your company.

Tal Liani
BofA Securities, Research Division

And the first thing I want to start with, normally, I don't ask about the quarter, but I do want to ask about the quarter because I thought there was a difference between the way you performed financially and the way the stock reacted. What is misunderstood by investors in your company's performance?

Jagtar Chaudhry
Co-Founder, CEO & Chairman of the Board

Okay. So first of all, as you saw, the Q3 performance was very good. We beat all metrics that the investors look for. I think for going forward guidance, there're 2 aspects to it. One was Q4 and second was fiscal '27. And the 2 factors for us to be more cautious about the guidance, one was we had a couple of changes where 2 leaders reporting to the CRO moved for 2 various reasons, one for personal reason, understood, and second was an opportunity at a pre-IPO AI company. And when leaders leave, we want to make sure the transition involved and they will have some impact that factor it. And second was the Red Canary customer base. We have built a new product combining Red Canary technology with our technology. And that new solution is getting showcased next week at our annual Zscaler conference.