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Global deal-making and financing activity is set to rebound in 2025 following a challenging year as easing interest rates spark optimism across industries, according to new research by financial and corporate services provider Ocorian. Among these, 14% anticipate a significant uptick, while only 4% forecast a decline.
Our partner network continues to generate opportunities and open new dealflow. Professionalservices revenue was $13.7 We expect the professionalservices revenue to generally stay within 10% to 20% of total revenue for fiscal '25. Gross margin for professionalservices remained high at over 90%.
And as long observed in markets, information about capital has become almost as important as capital itself. Our focus remains on delivering BlackRock's platform to clients through access to unique opportunities, expertise, and world-class client service. Earnings per share of $11.46 We are not transactional.
As the search AI company, Elastic is uniquely positioned to help our customers capitalize on the transformative possibilities that generative AI brings. As we've shared before, Elastic Cloud revenue based on month-to-month arrangements is driven mainly by a self-service motion in the SMB segment, which remains challenged.
Professionalservices revenue in the second quarter was $23 million, down 1% year over year on an as-reported basis and down 3% year over year on a constant-currency basis. To add more context around overall dealflow, EMEA grew fastest during the quarter, followed by APJ and the Americas. Welcome back, Anthony.
Professionalservices revenue was $25 million, growing 7% year over year as reported and in constant currency. As a reminder, professionalservices revenue may fluctuate across quarters based on the timing of service delivery. Third, we have considered the revenue headwind from the recent strength in the U.S.
Q3 revenue also benefited from a stronger contribution of our professionalservices, driven by elevated breach activity across legacy and competing platforms. It reflects the continuing success of our proactive efforts to enhance working capital and thoughtfully manage our costs. This is tremendous progress. Thank you very much.
Professionalservices revenue in the first quarter was $24 million, growing 1% year over year as reported and in constant currency. Although professionalservices revenue may fluctuate across quarters based on the timing of services delivery, we do not expect it to vary significantly in mix over time.
Today, I would like to review our fast transition progress and discuss key drivers of our business in 2024 and how we are positioned to capitalize on them. Varonis is in a unique position to capitalize on this as we help organizations protect their data like a bank watches its money. One moment, please. Thanks for taking my questions.
Mark leads all of Elastic's customer-facing functions, including global sales, customer success, solutions architecture, professionalservices, ecosystem and partnerships, and sales operations. To add more context around overall dealflow, EMEA grew the fastest during the quarter, followed by the Americas and APJ.
Here's this big front-page article in the Wall Street Journal talking about the Sreit potentially running out of money, and equity investors sitting there going, what's new to that story, in the sense that unless you start selling assets to raise capital, unless your redemption queue falls off, or you stop repaying on redemptions.
trillion units of trusts, BlackRock's platform is becoming the premier long-term capital partner across public and private markets. We're connecting investors, corporates, and the public sector to the power of the capital markets. At more than 10.6 trillion in assets under management, 10.6 Operating income of 1.9
Q3 performance benefited from our maniacal focus on these customer segments and dealflow remained strong during the quarter as we grew commitments from new and existing customers across all of our solutions. Professionalservices revenue was $24 million growing 18% year over year on both an as reported and constant currency basis.
Mathew Burpee , Kepler Capital Likely see M&A activity improve with higher quality businesses coming to market after more economic certainty and favorable short and medium-term growth prospects. Neal Doshi , Darshan Capital The new administration's policies will provide more favorable tax treatment for business transitions.
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