Ann: Positive cashflow and continued ARR growth in Q4, page-37

Yes. I think over the next few weeks the market will not react so positively to this 4C. There is the same old LVT bs spin and I don't know why they do it.
* ARR - quoting in constant currency to make it look like an increase. Everyone knew of the FX impact and had factored it in. It makes historical comparisons harder when they do this.
* ARR definition - They've change the definition of ARR to include recurring services as this is a "new" offering. That's fine though why don't they say how much it is. ARR is supposed to be audited and I wonder if that will be done.
* Cash receipts - they don't quote these in constant currency as it would look worse.

One of the reasons the stock doesn't trade so high is mistrust and they only reinforce that mistrust. I really don't know why. Funny thing is that they recently hired PR and IR persons. You'd think they'd know better.