Earnings reached $2.83 per share, climbing from $2.49 a year prior. When excluding one-time items, the company posted adjusted earnings of $2.82 per share, narrowly beating the $2.77 consensus estimate tracked by FactSet. Quarterly revenue rose 6% to $5.49 billion, slightly exceeding analyst projections of $5.48 billion.

Looking toward the fiscal year ending in July, management lifted its adjusted earnings growth target to a range of 10% to 12%, an increase from the previous 9% to 11% forecast. This adjustment implies a high-end potential of $12.45 per share, positioning the company above the $12.26 figure currently anticipated by analysts. Revenue growth for the year is now expected to track at a steady 6%, narrowing the previous 5% to 6% guidance window.