HashiCorp Inc (HCP) PT Lowered to $60 at Stifel

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HashiCorp Announces Fourth Quarter and Fiscal Year 2022 Financial ResultsĀ 

March 10, 2022 4:05 PM EST

Fourth quarter revenue totaled $96.5 million, representing an increase of 56% year-over-year; fiscal 2022 revenue totaled $320.8 million, representing an increase of 51% year-over-year.Trailing four quarter average Net Dollar Revenue Retention rate was 131% at the end of the fourth quarter fiscal 2022, up from 123% in the fourth quarter of fiscal 2021.Fourth quarter total GAAP RPO totaled $428.8 million, representing an increase of 62% year-over-year; fourth quarter current GAAP RPO totaled $268.9 million, representing an increase of 62% year-over-year.Fourth quarter total non-GAAP RPO totaled $452.2 million, representing an increase of 58%... More