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Netskope: Fiscal Q2 Earnings Snapshot
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SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Netskope Inc. (NTSK) on Wednesday reported a loss of $110.8 million in its fiscal second quarter.

The Santa Clara, California-based company said it had a loss of 27 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 3 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.

The cybersecurity company that specializes in networks for midsized companies posted revenue of $220.5 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $214.3 million.

For the current quarter ending in October, Netskope expects its results to range from a loss of 4 cents per share to a loss of 3 cents per share.

The company said it expects revenue in the range of $227 million to $229 million for the fiscal third quarter.

Netskope expects a full-year loss of 15 cents per share, with revenue ranging from $888 million to $892 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTSK at https://www.zacks.com/ap/NTSK

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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