
Financial Highlights - Full year revenue increased by 15% year-over-year[13], with recurring revenue up by 25% year-over-year[13] - Adjusted EBITDA for the full year grew by 39%, leading to a margin expansion of 300 basis points to 174%[13, 25] - Non-GAAP diluted EPS increased by 51% year-over-year[13, 26] - Free cash flow reached $460 million for the full year[13] - Q4 2021 revenue increased by 25% year-over-year[17], with recurring revenue up by 35% year-over-year[17] - Q4 2021 Adjusted EBITDA increased by 37% year-over-year, and margin rate increased by 160 basis points year-over-year[17] - Q4 2021 Non-GAAP EPS increased by 30% year-over-year to $076[18, 58] Business Updates and Outlook - The company expects strong revenue growth and significantly higher profitability in 2022[15] - The company initiates a comprehensive strategic review process[15] - The company provides 2022 revenue guidance of $80 billion to $82 billion[46]