Netskope: Overview of Financial Results for Fiscal Fourth Quarter

Netskope Reports Fourth Quarter Financial Results

Netskope Inc., headquartered in Santa Clara, California, announced a net loss of $56.8 million for its fiscal fourth quarter.

The company recorded a loss of $0.14 per share, while its adjusted loss—excluding one-time and amortization expenses—was $0.04 per share.

These figures surpassed analyst expectations. According to a survey by Zacks Investment Research involving seven analysts, the consensus forecast was a loss of $0.06 per share.

As a cybersecurity provider focused on mid-sized businesses, Netskope reported quarterly revenue of $196.3 million, exceeding the $189.4 million anticipated by analysts polled by Zacks.

For the full fiscal year, Netskope posted a total loss of $679.4 million, or $3.18 per share, with annual revenue reaching $709 million.

Looking ahead to the quarter ending in April, the company projects a loss between $0.07 and $0.06 per share.

Revenue for the upcoming fiscal first quarter is expected to fall between $197 million and $199 million.

For the entire year, Netskope anticipates a loss of $0.19 per share, with projected revenue ranging from $870 million to $876 million.