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Netskope Analysts Lower Their Forecasts After Q4 Results
Benzinga· 2026-03-12 14:34
Core Insights - Netskope Inc reported better-than-expected results for the fourth quarter, with losses of 4 cents per share, surpassing the analyst consensus estimate of 7 cents per share [1] - The company achieved quarterly sales of $196.330 million, exceeding the analyst consensus estimate of $188.829 million [1] Financial Projections - For FY2027, Netskope anticipates adjusted EPS of $(0.19), slightly better than market estimates of $(0.20) [2] - The company expects sales in the range of $870.000 million to $876.000 million, compared to estimates of $865.238 million [2] Market Reaction - Following the earnings announcement, Netskope shares fell by 24.6%, trading at $9.14 [2] - Analysts adjusted their price targets for Netskope after the earnings report [2]