HashiCorp Q2 EPS $0.08, 15.3% revenue growth, negative net margins, "Hold" rating, insider sales.

HashiCorp (NASDAQ:HCP) reported Q2 earnings of $0.08 EPS, exceeding expectations with $165.14 million in revenue, a 15.3% year-over-year increase. However, the company faced negative net margins of 23.69% and a return on equity of -10.60%. Shares opened at $33.94, with a market cap of $6.82 billion. Analysts maintain a "Hold" rating, averaging a price target of $31.17. Insiders own 22.49% of the stock, with recent significant sales noted.

September 01, 2024
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