Netskope, Inc. (NTSK) experienced a significant pre-market plunge of 15.50% on Thursday.
The sharp decline followed the cybersecurity company's release of its fiscal fourth-quarter 2026 earnings report and its forward-looking financial guidance. While Netskope reported a narrowed adjusted loss per share for Q4 that beat analyst estimates, alongside revenue that surpassed expectations, investor sentiment turned negative.
The company's guidance for its full fiscal year 2027 projected a non-GAAP net loss per share of $0.19, which was greater than the $0.18 loss analysts had anticipated, leading to the sell-off in the pre-market session.
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