Before this drop they were trading at 14x forward revenue; now they're at 7x. Splunk was at 12x, now at 9.7x. We'll have to revisit what the typical multiple r

Before this drop they were trading at 14x forward revenue; now they're at 7x. Splunk was at 12x, now at 9.7x. We'll have to revisit what the typical multiple range is for BI/enterprise saas companies. Seems like quite the correction for an earnings beat and the removal of a ~50M deferred tax asset though, especially since people already had negative expectations before the earnings release.