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Our long-term thesis on Alteryx (AYX) is intact despite the potential near-term slowdown in Q2, where the company provides lower revenue guidance than the expectation. The overall business remains rock solid as revenue grew by 43% YoY in Q1. Having never announced its ARR (Annual Recurring Revenue) since Q2 2018, the company also disclosed that it reached another milestone as it achieved a $400 million of ARR in Q1, twice as much as that of Q2 2018. The company’s announcement to launch a unified APA (Analytic Process Automation) platform in recent