Netskope (NTSK) reported a fiscal Q1 adjusted loss late Wednesday of $0.06 per diluted share, narrowing from a loss of $0.28 a year earlier.

Three analysts polled by FactSet expected a loss of $0.07.

Revenue for the three months ended April 30 was $201.6 million, up from $157.7 million a year earlier.

Analysts surveyed by FactSet expected $198.2 million.

For fiscal Q2, the company expects an adjusted loss per share of $0.06 to $0.07 on revenue of $213 million to $215 million.

Analysts expect a loss of $0.08 on revenue of $211.7 million.

For the full-year fiscal 2027, the company expects an adjusted loss of $0.18 per share on a revenue of $879 million to $883 million, revised from an adjusted loss per share of $0.19 on revenue of $870 million to $876 million.

Analysts expect a loss of $0.18 on revenue of $875.1 million.