Netskope Stock Boosted by Cybersecurity Demand

Dow Jones
10小时前

Netskope stock jumped after the cybersecurity company beat expectations for the second quarter and forecast rising revenue.

The stock was up nearly 16% in after-hours trading after the report.

The company reported a loss of 3 cents a share and revenue of $220.5 million. Analysts expected a loss of 7 cents a share and revenue of $214.2 million.

Netskope sees third quarter revenue in a range of $227 million to $229 million and a third quarter loss off between 3 cents and 4 cents a share. Full year revenue is expected to be in a range of $888 million to $892 million. It sees a full year loss of 15 cents a share.

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