Quarterly summary

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Quarterly summary
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Revenue grew 12% quarter over quarter, driven primarily by expansion within existing accounts rather than new logos. Gross margin improved by 3 points as infrastructure costs fell following the storage migration. Churn remained flat at 1.8% monthly; the cohort analysis suggests this is concentrated in accounts under $500 per month, where onboarding support is lightest. We recommend allocating two engineers to self-serve onboarding in Q3, and revisiting the pricing floor at the annual review.

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