HCP - HashiCorp Shares Slip Despite Q2 Earnings Beat & FY24 Outlook Boost: Here's The Details | Benzinga
HashiCorp Inc (NASDAQ: HCP) reported Q2 FY24 revenue of 26% Y/Y to $143.2 million, beating the consensus of $138.22 million.
Subscription revenue from HashiCorp Cloud Platform (HCP) rose to $18.4 million from $10.6 million a year ago.
The trailing four-quarter average Net Dollar Retention rate stood at 124% at end-Q2 FY24, vs. 134% the prior year.
Total RPO stood at $682.5 million in Q2, up from $476.0 million a year ago.
HashiCorp had 4,217 customers at the end of Q2 FY24, with 851 customers having ...