Netskope Inc (NASDAQ:NTSK) reported upbeat results for the fourth quarter on Wednesday.
The company posted quarterly losses of 4 cents per share which beat the analyst consensus estimate of losses of 7 cents per share. The company reported quarterly sales of $196.330 million which beat the analyst consensus estimate of $188.829 million.
Netskope said it sees FY2027 adjusted EPS of $(0.19) versus market estimates of $(0.20). The company expects sales of $870.000 million-$876.000 million, versus estimates of $865.238 million.
“We closed fiscal 2026 on a strong note, delivering record net new ARR in Q4 and achieving our first full year of positive free cash flow,” said Sanjay Beri, CEO of Netskope. “The AI Supercycle is here, demanding …