Investing.com - Hashicorp reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Hashicorp announced earnings per share of $-0.17 on revenue of $113.9M. Analysts polled by Investing.com EPS of $-0.3098 on revenue of $102.29M.
Hashicorp 's are down 57% and is trading at $30.26 , still down 70.61% from its 52 week high of $102.95 set on Monday, December 27, 2021.
Hashicorp follows other major Information Technology sector earnings this month
Hashicorp's report follows an earnings beat by NVIDIA on Wednesday, August 24, 2022, who reported EPS of $0.51 on revenue of $6.7B, EPS of $0.4991 on revenue of $6.7B.
Broadcom had beat expectations on Thursday with third quarter EPS of $9.73 on revenue of $8.46B, for EPS of $9.56 on revenue of $8.41B.
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