CrowdStrike stock jumps after beating expectations in its first earnings report

Shares of CrowdStrike rose as much as 10% on Thursday after the company reported its first earnings report since going public.

The company, which held its initial public offering June 12, provides cloud-based cybersecurity technology and consulting services, including investigation services.George Kurtz, co-founder and chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California.

Investors get so excited just after one quarterly earnings report. I thought long term investors liked yearly earnings...well they used to and if you read Ben Graham.

lol

Compare BlackBerry Software Revenue Growth, now guided to go beyond $1.1 Billion, and BlackBerry valued at $3.92 Billion vs CrowdStrike with guidance of $430M at valued at $16 Billion $B $CRWD $AAPL $MSFT $GOOGL $AMZN $IBM $ORCL $CRM $TSLA WSJ business reuters bgr cnbc

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Source: CNBC - 🏆 12. / 72 Read more »