Well, it depends on how you interpret the drop to a 47% quarterly growth rate.
If this is the new normal, that's great news. Revenue growing at 47% per quarter will 10x in 6 quarters. Even if you think it should be a $200B company today, it'll be a $2T company in 18 months, assuming the same revenue multiple.
If you think this is the start of a rapid decline to 0% or negative growth rate, then it's obviously bad news.
The real answer is probably somewhere in the middle -- but exactly where in the middle you think it will fall depends more on your own priors than anything you can read from the data.