HashiCorp Reports Better Than Expected Q4 Results
<p><a href='https://financialmodelingprep.com/financial-summary/HCP'>HashiCorp (NASDAQ:HCP)</a> reported its Q4 results on Thursday, with EPS of ($0.07) coming in better than the Street estimate of ($0.22). Revenue was $135.8 million, beating the Street estimate of $124.22 million.</p>
<p>Although the company is seeing greater deal scrutiny and smaller initial deal sizes, growth in revenue from over $100,000 ARR customers remains robust (up 40.7% year-over-year), and Q1 revenue guidance was above expectations (2024 guidance was in line).</p>
<p>Q1/24 EPS is expected in the range of ($0.15)-($0.13), compared to the Street estimate of ($0.19), and revenue of $132-$134 million, compared to the Street estimate of $128.89 million.</p>
<p>Full-year EPS is seen at ($0.40)-($0.38), compared to the Street estimate of ($0.66), and revenue of $591-$595 million, compared to the Street estimate of $593.25 million.</p>

NASDAQ:HCP