ServiceTitan Q1 Revenue Up 25%, Stock +12%

Stock Market Impact: Shares of ServiceTitan (NASDAQ:TTAN) surged 12.5% following the release of Q1 results.
Listed Companies and Sectors: ServiceTitan Inc., a software platform serving trades businesses, reported:
Adjusted loss of $0.24 per share, beating the consensus estimate of $0.29.
Revenue of $268.8 million, exceeding the $256.7 million consensus and representing a 25% YoY increase from $215.7 million.
Adjusted operating margin of 15.2%, up from 7.5% in the prior-year quarter.
Adjusted income from operations of $40.8 million, up from $16.2 million YoY.
Gross transaction volume (GTV) of $21.7 billion, a 23% YoY rise.
Platform revenue of $260.6 million, a 25% YoY increase.
Net dollar retention remained above 110%.
Adjusted free cash flow of –$9.6 million, improved from –$22.3 million YoY.
Investment Flows: No specific information on foreign direct investment (FDI) or foreign portfolio investment (FPI) was provided.
Interest Rates, Inflation, and Liquidity: The article does not mention any changes to interest rates, inflation, or liquidity conditions.
Fiscal or Monetary Policy: No fiscal or monetary policy measures were discussed.

Economic/Market-related