Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
HashiCorp, Inc. reported first quarter of fiscal 2024, ended April 30, 2023 results: revenue $138.0 million, net income GAAP net loss was $53.3 million, EPS GAAP net loss per share was $0.28.
- Period
- first quarter of fiscal 2024, ended April 30, 2023
- Revenue
- $138.0 million
- Net income
- GAAP net loss was $53.3 million
- EPS
- GAAP net loss per share was $0.28
- Result
- reported results
Exact text from the filing
Revenue : Total revenue was $138.0 million in the first quarter of fiscal 2024, up 37% from $100.9 million in the same period last year. Gross Profit : GAAP gross profit was $111.2 million in the first quarter of fiscal 2024, representing an 81% gross margin, compared to a GAAP gross profit of $81.5 million and an 81% gross margin in the same period last year. Non-GAAP gross profit was $115.0 million in the first quarter fiscal 2024, representing an 83% non-GAAP gross margin, compared to a non-GAAP gross profit of $85.0 million and an 84% non-GAAP gross margin in the same period last year. Operating Loss : GAAP operating loss was $67.8 million in the first quarter of fiscal 2024, compared to GAAP operating loss of $78.4 million in the same period last year. Non-GAAP operating loss was $27.3 million in the first quarter of fiscal 2024, compared to a non-GAAP operating loss of $32.0 million in the same period last year. Net Loss : GAAP net loss was $53.3 million in the first quarter of f
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Executive change
SEC 8-K Item 5.02
confidence 0.95
Susan St. Ledger was appointed as President, Worldwide Field Operations at HashiCorp, Inc..
- Action
- appointed
- Role
- President, Worldwide Field Operations
Exact text from the filing
On June 7, 2023, HashiCorp announced the appointment of Susan St. Ledger as the Company’s President, Worldwide Field Operations, effective July 2023.
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Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
HashiCorp, Inc. announced a restructuring with charges of approximately $6.5 million to $8.5 million in severance costs, and $0.5 million to $1.0 million in benefits continuation and other expenses (approximately 8%).
- Type
- restructuring
- Charge
- approximately $6.5 million to $8.5 million in severance costs, and $0.5 million to $1.0 million in benefits continuation and other expenses
- Headcount
- approximately 8%
Exact text from the filing
As a result of the Reduction, the Company expects to incur approximately $6.5 million to $8.5 million in severance costs, and $0.5 million to $1.0 million in benefits continuation and other expenses.
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