Automation Anywhere, a leader in AI-powered automation and a portfolio company of Veligera, has announced its fifth consecutive profitable quarter (non-GAAP) with improved margins.
Driven by an unprecedented surge in demand, the company achieved a twofold increase in AI Agent sales transactions during Q3. Additionally, over 70% of new and expansion orders were generated by customers leveraging the company’s AI platform.
The third quarter also saw stronger-than-expected interest from new clients in conversational automation powered by Amazon Q. Furthermore, the number of customers generating over $1 million in annual revenue continued to grow at a double-digit rate.
While the company has not disclosed specific figures, it remains in a solid financial position, ending the quarter with a healthy cash balance supported by growing free cash flow.