Richard Walker: Raj, I’d add one thing. In the content and platform, another reason why it’s so important to look at business on an LTM basis. So the content and platform bookings were up 4% this quarter. If you go back to the first quarter on an LTM basis, they were 1%. Last quarter, 2% on an LTM. So we’re seeing acceleration in the content and platform business and also converting into revenue, seeing nice revenue growth in content platform.
Raj Sharma: I wanted to just touch upon the Codecademy. So I just want to understand, is it a standalone product or is it integrated into Percipio? And how is that performing in terms of its organic growth, is there a way to measure it now or…
Jeff Tarr: The consumer product is standalone, the B2B product, which is where most of the growth is, is integrated. In fact, we’ve rebranded the entirety of our tech and dev offering as Codecademy for enterprise. So it’s not possible to break it out. But we can tell you that that it contributed to growth in the quarter. Rich?
Richard Walker: I’d just add that while we — the segment we report on doesn’t give granularity down to the individual products. On an LTM basis and content platform, all three of the segments grew and contributed to that growth. Certainly, Codecademy enterprise, our tech and dev offering, was part of that.
Jeff Tarr: And I’d say the B2B is growing stronger than the B2C, which the B2B market has been softer for everyone, B2B is strong.
Raj Sharma: And then just on the guidance, is that correct, you said that it’s the earlier guidance range, but the revenues would be the lower end of guidance and EBITDA would be at the upper end of guidance? Did I read that correctly?
Jeff Tarr: That’s correct. We didn’t update the range for both bookings and revenue, we said approximately at the low end of the bottom of the range and on the adjusted EBITDA, pointing you to the high end.
Operator: Thank you. There are no further questions at this time. I would like to turn the floor back over to Jeff for closing comments.
Jeff Tarr: Well, I just want to take this moment to thank everyone. I want to thank our team members who have been working really hard to set us up for a really solid Q4 and for what they delivered in Q3. I want to thank our analysts for the hard work that you’re doing and our investors, and of course our customers. We look forward to connecting with you over the coming days, and we’ll look forward to giving you an update when we wrap up the year. Thanks very much.
Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.
