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Netscope (NTSK) Q2 ARR Up 27%, Revenue Tops Guidance

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NTSK
NTSK Netskope Inc
$13.70 -2.49%
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  1. 1Netscope (NTSK) Q2 ARR reached $899 million, up 27% year over year, with revenue of $220.5 million beating guidance.
  2. 2Operating margin was negative 9%, improving 11 percentage points year over year; net retention rate was 114%, and 59% of customers use four or more products.
  3. 3About one-third of the AI security pipeline has entered the POC stage, and the company cut roughly 5% of its workforce to drive its AI-native transition.

This 3-line summary is compiled from the report below.

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