Quarterly dynamics can be volatile and oftentimes, variances in the income statement can be disconnected from ACV. The quarterly mix of license types that generate up-front revenue recognition creates a year-over-year revenue headwind in the third quarter which is causing the income statement to be disconnected from the accelerating third quarter and second half ACV outlook. The year-over-year revenue and resulting income statement in the third quarter is not a reflection of business momentum. Our full-year raised ACV guidance continues to be the best metric to observe the momentum in our business.

/ Fiscal Year 2023 Guidance

The Company currently expects the following for the fiscal year ending December 31, 2023:

(in millions, except percentages and per share data)	GAAP				Non-GAAP
Revenue	$ 2,257.0	-	$ 2,327.0		$ 2,257.0	-	$ 2,327.0
Revenue Growth Rate	9.3%	-	12.7%		8.9%	-	12.3%
Revenue Growth Rate — Constant Currency	8.9%	-	12.2%		8.5%	-	11.9%
Diluted earnings per share	$ 5.32	-	$ 5.95		$ 8.39	-	$ 8.88

(in millions, except percentages)	Other Financial Metrics
ACV	$ 2,275.0	-	$ 2,340.0
ACV Growth Rate	12.0%	-	15.2%
ACV Growth Rate — Constant Currency	11.4%	-	14.6%
Unlevered operating cash flows	$ 699.0	-	$ 749.0

Our FY 2023 guidance is inclusive of $47.5 million in interest expense. This compares to interest expense in FY 2022 of $22.7 million with the significant increase in FY 2023 driven by the interest rate environment and our floating interest rate on our term loan. Reconciliations of the GAAP to Non-GAAP diluted EPS outlook and the operating cash flow to unlevered operating cash flow outlook are available in our "Reconciliations of GAAP to Non-GAAP Measures" section found later in this document.