Chief Financial Officer Beth Gaspich said the revenue outperformance primarily reflected stronger product revenue, while cloud revenue performed in line with the company’s expectations. Cognigy contributed about 250 basis points to cloud growth, Gaspich said. CXAI and self-service annual recurring revenue reached $362 million, up 52% year over year and representing 15% of cloud revenue. Gaspich attributed product growth to greater-than-expected term renewals in non-CX businesses, particularly from financial institutions. The company continues to expect cloud revenue growth of 13% to 15% for the year, with third-quarter cloud growth expected to be similar to the second quarter.