HashiCorp (HCP) Tops Q1 EPS by 7c, Provides Mixed Guidance

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HashiCorp Announces First Quarter Financial Results of Fiscal Year 2024

June 7, 2023 4:05 PM EDT

First quarter revenue totaled $138.0 million, representing an increase of 37% year-over-year.Trailing four quarter average Net Dollar Retention Rate was 127% at the end of the first quarter of fiscal 2024 and 133% at the end of first quarter of fiscal 2023.First quarter total GAAP RPO totaled $635.3 million, representing an increase of 46% year-over-year; first quarter current GAAP RPO totaled $373.5 million, representing an increase of 31%... More