Recap: HashiCorp Q4 Earnings

HashiCorp HCP reported its Q4 earnings results on Tuesday, March 5, 2024 at 04:02 PM.

Here's what investors need to know about the announcement.

HashiCorp beat estimated earnings by 400.0%, reporting an EPS of $0.05 versus an estimate of $0.01.

Revenue was up $20.00 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 16.0% drop in the share price the next day.

Here's a look at HashiCorp's past performance:

Quarter	Q3 2024	Q2 2024	Q1 2024	Q4 2023
EPS Estimate	-0.04	-0.15	-0.14	-0.22
EPS Actual	0.03	-0.10	-0.07	-0.07
Revenue Estimate	143.24M	138.22M	133.11M	124.22M
Revenue Actual	146.12M	143.25M	137.98M	135.79M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

HashiCorp management provided guidance for FY 2025, expecting earnings between $0.05 and $0.07 per share.

To track all earnings releases for HashiCorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar