Netskope Stock Drops Nearly 19% Despite Beating Earnings Estimates
On Thursday, Netskope (NASDAQ: NTSK) stock fell nearly 19.1%, closing at $10.03 despite reporting better-than-expected sales and earnings for fiscal Q1 2027. The company reported a narrower loss than expected but still showed significant GAAP losses and negative free cash flow, raising concerns among investors.
Tickers: $NTSK
Topics: cybersecurity free cash flow losses revenue growth SaaS