Netskope Reports Q1 Revenue Beat and Raises Full-Year Outlook
Netskope reported first-quarter fiscal 2027 revenue of $201.6 million, exceeding guidance with a year-over-year increase of 28%. The company raised its full-year revenue forecast to between $879 million and $883 million due to strong performance in core growth metrics like annual recurring revenue (ARR), which rose 29% to $845 million. AI security is emerging as a major driver, with new products showing rapid pipeline growth.