Netskope: Fiscal Q2 Earnings Snapshot

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Netskope Inc. (NTSK) on Wednesday reported a loss of $110.8 million in its fiscal second quarter.

The Santa Clara, California-based company said it had a loss of 27 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 3 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.

The cybersecurity company that specializes in networks for midsized companies posted revenue of $220.5 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $214.3 million.

For the current quarter ending in October, Netskope expects its results to range from a loss of 4 cents per share to a loss of 3 cents per share.

The company said it expects revenue in the range of $227 million to $229 million for the fiscal third quarter.

Netskope expects a full-year loss of 15 cents per share, with revenue ranging from $888 million to $892 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTSK at https://www.zacks.com/ap/NTSK