Dan Perlin

can you just speak, I think, maybe holistically to your expansion plans outside of North America?

My bigger question is kind of the uplift in credit quality that comes with that consumer set.

do you really think and see the overall health of kind of the less affluent consumer being as strong

I wanted to just revisit the closed sales number. I know it can be lumpy quarter-to-quarter.

Is it accelerating in terms of investment dollars that are going to be required to capture all these opportunities?

can you just maybe tease out a little bit the nuance there and how that is again going to impact the business maybe going forward?

It sounds like there's this kind of like the economy where you've got you've got client demand that's there and now maybe you're starting to get a sense that there's a little bit of a pause

How does that flow into the business, all else equal, if these deals start to flow in over the next six to nine months

you called out in GTO that there were lower license sales revenues, and that was a three-point headwind in the quarter

not raising the EPS again kind of suggests that the incremental margins associated with what's being brought on are lower

I'm just curious where you are thinking you might want to place some incremental dollars this year?

are you thinking that there's other businesses specifically or geographies or maybe it's both?

I know when you had originally contemplated putting these things together, there was concerns that there might be some portfolio attrition or some noise in the book

In terms of your conviction level and visibility into the organization now, you're doing a lot of things

are you suggesting that we're at the low end of the range in kind of the first half and then you accelerate to the high end?

would you mind just kind of double-clicking a little bit on the commentary around revenues modestly below in 1Q and what the drivers and timing shift there was?

part of it's maybe a reminder of what that new sales process was and how important that is, and then how does that dovetail into the trifecta opportunities?

as you think about the strategy to increasingly sell outside the core, can you just maybe update us on where that progress is

the revenue guidance range is a little bit wider. I think it's 120 basis points relative to 100 for the past several years

try and reconcile that with maybe last quarter's commentary around some large capital purchase delays

are you seeing similar restraints when it comes to your more modernized projects and cloud migration

you took the opportunity to kind of throw out that there could be impacts to non-GAAP revenue growth for '26

But it also sounds like a lot of that benefit is potentially coming from what's happening in the United States.

how does the purchasing power parity associated with a weaker dollar typically play out for you guys in terms of cross-border behavior

opportunities around value-added services, but specifically, around purpose-built offerings for events

if it changes in any way your views of how you're placing like your investment bets

if you could just speak to the point around the strength of the dollar and really like the purchasing power