The company's confident outlook came as a relief, after a number of other software companies had warned of weaker spending.
CrowdStrike Holdings, Inc. NASDAQ: CRWD is among the top players in the cybersecurity sector, a tech industry subsector. CrowdStrike's earnings were released for the first quarter of fiscal year 2025, highlighting the company's strategic focus on platform consolidation and AI-powered solutions.
CrowdStrike's (CRWD) Q1 results reflect the company's ability to deliver products on the basis of the market's demand for AI and a strong performance of the Falcon platform.
CrowdStrike Holdings Inc ( NASDAQ:CRWD) is up 5.3% to trade at $321.29, after the cybersecurity company announced better-than-expected first-quarter results, including record gross margins and free cash flow.
CrowdStrike shares CRWD, -1.01% were up 20% over the course of 2024 heading into Tuesday's afternoon's earnings report, and they were up another 11% in Wednesday's premarket action. The company's ability to remain a bright spot in the choppy software sector comes down to a mix of tangibles and intangibles, analysts say.
Cybersecurity company CrowdStrike Holdings Inc (CRWD) known for its cyberattack response services among other things, suddenly saw a boost to its after-hours trading after the New York trading session last night. The shares of the company popped $17.52 to a price of $326.21, roughly 6.5% up from the stock's closing price for the day.
Shares in cybersecurity software maker CrowdStrike (CRWD) surged nearly 7% in Tuesday's extended-trading session after the company exceeded analysts' quarterly expectations and lifted its full-year guidance amid customers embracing its unified Falcon platform.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD ) Q1 2025 Earnings Conference Call June 4, 2024 5:00 PM ET Company Participants Maria Riley - Vice President of Investor Relations George Kurtz - President, Chief Executive Officer and Co-Founder Burt Podbere - Chief Financial Officer Conference Call Participants Andrew Nowinski - Wells Fargo Saket Kalia - Barclays Brian Essex - JPMorgan Tal Liani - Bank of America Hamza Fodderwala - Morgan Stanley Matthew Hedberg - RBC Capital Markets Fatima Boolani - Citi Gabriela Borges - Goldman Sachs Alex Henderson - Needham John DiFucci - Guggenheim Securities Operator Good day, everyone, and thank you for standing by. Welcome to CrowdStrike Fiscal First Quarter 2025 Results Conference Call.
The headline numbers for CrowdStrike (CRWD) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CrowdStrike Holdings (CRWD) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.57 per share a year ago.
CrowdStrike Holdings Inc forecast second-quarter revenue above market estimates on Tuesday, helped by strong demand for its cybersecurity offerings in the wake of growing online challenges spurred by the use of artificial intelligence (AI).
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares moved higher afterhours as the cybersecurity company's first quarter earnings topped estimates and it raised its outlook for the full year revenue and profit guidance. The company now expects full-year revenue in the range of $3.98 billion to $4.01 billion, compared to its earlier guidance of $3.92 billion to $3.99 billion.