CrowdStrike Holdings Inc. shares surged in the extended session Tuesday after the cybersecurity company’s earnings beat and forecast topped Wall Street expectations amid a tough software environment.
The company reported... CrowdStrike Holdings Inc. shares surged in the extended session Tuesday after the cybersecurity company’s earnings beat and forecast topped Wall Street expectations amid a tough software environment. The company reported a fiscal fourth-quarter loss of $47.5 million, or 20 cents a share, compared with a loss of $42 million, or 18 cents a share, in the year-ago period. Adjusted net income, which excludes stock-based compensation and other items, was 47 cents a share, compared with 30 cents a share in the year-ago period.
CrowdStrike expects full-year earnings of $2.21 to $2.39 a share on revenue of $2.96 billion to $3.01 billion. Wall Street expects $1.99 a share on revenue of $2.95 billion.
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Source: Reuters - 🏆 2. / 97 Read more »