CNBC August 22, 2025
Key Points
– Cybersecurity firm Netskope said in an initial public offering filing that it will debut on the Nasdaq under the ticker symbol “NTSK.”
– The company joins a growing list of companies testing a reopening window in the IPO market and during a busy period for cybersecurity deals.
– Netskope isn’t profitable yet and recorded a $170 million net loss during the first half of the year.
Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday.
The Santa Clara, California-based company said annual recurring revenue grew 33% to $707 million, while revenues jumped 31% to about $328 million in the first half...
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