HashiCorp Expects FY25 Total Revenue Of $643M-$647M (Est $655.05M), Adj EPS Of $0.05-$0.07 (Est $0.14)
Portfolio Pulse from Benzinga Newsdesk
HashiCorp has provided its financial outlook for FY25, expecting total revenue to be between $643M-$647M, which is below the estimated $655.05M. The company also forecasts an adjusted EPS of $0.05-$0.07, lower than the estimated $0.14.
March 05, 2024 | 9:28 pm
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HashiCorp's FY25 financial outlook indicates lower-than-expected revenue and adjusted EPS, suggesting potential challenges ahead.
HashiCorp's announcement of its FY25 financial outlook with both revenue and adjusted EPS falling short of analyst estimates is likely to negatively impact investor sentiment and the stock price in the short term. Lower-than-expected financial forecasts can often lead to a decrease in stock price as they may indicate potential operational or market challenges.
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