HashiCorp Inc. (NASDAQ:HCP) stock fell in after-hours trading despite reporting Q3 earnings that exceeded analyst expectations and a positive forecast. The company posted earnings of three cents per share, surpassing the expected loss of four cents, and a 123.08% increase from the previous year's loss of 13 cents per share. Revenue was $146.13 million, beating estimates of $143.24 million and marking a 16.58% increase from the previous year. Customer count rose to 4,354. Q4 earnings are projected to be between zero and two cents per share, with revenue between $148 million and $150 million, against an estimated $149.05 million. Full-year 2024 earnings are forecasted to be between a loss of 14 cents and 12 cents per share, with revenue between $576 million and $578 million, compared to the estimated $573.46 million. Despite this, HCP shares dropped 16.91% to $20.69 after hours.