HashiCorp (NASDAQ:HCP – Get Free Report) will be announcing its earnings results after the market closes on Thursday, August 29th.
HashiCorp (NASDAQ:HCP – Get Free Report) last released its quarterly earnings results on Thursday, May 30th. The company reported ($0.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.02. The business had revenue of $160.58 million during the quarter, compared to analysts’ expectations of $153.39 million. HashiCorp had a negative return on equity of 14.27% and a negative net margin of 31.13%. On average, analysts expect HashiCorp to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
HashiCorp Trading Down 0.3 %
Shares of HCP opened at $33.80 on Tuesday. The company’s 50-day moving average price is $33.62 and its 200 day moving average price is $30.47. HashiCorp has a 12-month low of $18.91 and a 12-month high of $34.05. The firm has a market cap of $6.80 billion, a P/E ratio of -35.21 and a beta of 1.25.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on HashiCorp
Insiders Place Their Bets
In related news, CTO Armon Dadgar sold 35,904 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $33.65, for a total value of $1,208,169.60. Following the sale, the chief technology officer now owns 1,517,548 shares of the company’s stock, valued at $51,065,490.20. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, CTO Armon Dadgar sold 35,904 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $33.65, for a total transaction of $1,208,169.60. Following the completion of the transaction, the chief technology officer now owns 1,517,548 shares in the company, valued at $51,065,490.20. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO David Mcjannet sold 48,055 shares of the stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $33.26, for a total value of $1,598,309.30. Following the completion of the transaction, the chief executive officer now directly owns 373,330 shares in the company, valued at approximately $12,416,955.80. The disclosure for this sale can be found here. Insiders have sold a total of 406,736 shares of company stock worth $13,633,197 in the last quarter. 22.49% of the stock is owned by company insiders.
HashiCorp Company Profile
HashiCorp, Inc engages in the provision of multi-cloud infrastructure automation solutions worldwide. The company offers infrastructure provisioning products, including Terraform, that enables IT operations teams to apply an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; Packer, that provides a consistent way to define the process of transforming the raw source inputs into a production worthy artifact, across any environment or packaging format; and Vagrant, that allows teams to define how development environments are set up.
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