HashiCorp HCP reported its Q4 earnings results on Tuesday, March 5, 2024 at 04:02 PM.
Here's what investors need to know about the announcement.
Earnings
HashiCorp beat estimated earnings by 400.0%, reporting an EPS of $0.05 versus an estimate of $0.01.
Revenue was up $20.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 16.0% drop in the share price the next day.
Here's a look at HashiCorp's past performance:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.15 | -0.14 | -0.22 |
| EPS Actual | 0.03 | -0.10 | -0.07 | -0.07 |
| Revenue Estimate | 143.24M | 138.22M | 133.11M | 124.22M |
| Revenue Actual | 146.12M | 143.25M | 137.98M | 135.79M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
HashiCorp management provided guidance for FY 2025, expecting earnings between $0.05 and $0.07 per share.
To track all earnings releases for HashiCorp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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