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HomeBusinessHashiCorp Reports Q2 Beat & Strong Guidance

HashiCorp Reports Q2 Beat & Strong Guidance

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HashiCorp (NASDAQ:HCP) reported its Q2 results, with earnings per share (EPS) of ($0.10), which surpassed the Street estimate of ($0.15). The company’s revenue stood at $143.2 million, outperforming the Street estimate of $138.22 million.
Looking ahead to Q3/24, HashiCorp projects EPS within the range of ($0.05)-($0.03), compared to the Street estimate of ($0.04), and anticipates revenue ranging from $142 million to $144 million, in contrast to the Street estimate of $141.74 million.
For the full year, HashiCorp foresees EPS falling within the bracket of ($0.23)-($0.21), surpassing the Street estimate of ($0.26), along with revenue ranging between $571 million and $575 million, exceeding the Street estimate of $567.59 million.

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