Netskope Shares Drop After Q1 Results Amid Lighter Revenue Beat
Shares of Netskope (NTSK) fell approximately 23% in premarket trading following its fiscal first-quarter results, as analysts noted a smaller-than-expected beat in annual recurring revenue and overall revenue compared to the previous quarter. RBC Capital Markets maintained an Outperform rating but reduced its price target from $14 to $13.
Tickers: $NTSK