Key Highlights: Q1 FY 2025 Results:Revenue: $13.8 billion (down 6% YoY, down 14% excluding Splunk) GAAP EPS: $0.68 (decreased 24% YoY) Non-GAAP EPS: $0.91 (decreased 18% YoY) Product Orders: Up 20% YoY (9% excluding Splunk) Key Product Segment Performance:Security: Revenue up 100% (2% excluding Splunk) Observability: Revenue up 36% (1% excluding Splunk) Networking: Revenue down 23% Collaboration: Revenue down 3% Profitability:GAAP Gross Margin: 65.9% (above guidance range) Non-GAAP Gross Margin: 69.3% (above guidance range) Capital Allocation:$3.6 billion returned to stockholders through share buybacks and dividends $1.6 billion paid in dividends $2.0 billion spent on share repurchases Acquisitions:DeepFactor, Inc. (cloud-native application security) Robust Intelligence, Inc. (AI security solutions)