CrowdStrike Holdings Inc. NASDAQ: CRWD is down more than 6% after delivering its first quarter earnings report after the market closed on June 3. The company beat on the bottom line.
CrowdStrike has rebounded from last year's PR issues, showing strong free cash flows and expanding annual recurring revenue. The company beat earnings expectations in Q1 FY26, driven by robust demand for its cybersecurity products, but missed on the top line. CrowdStrike's Q2'26 revenue outlook disappointed, causing shares to slide 8% in the pre-market.
CrowdStrike's growth has sharply decelerated post-IT outage, with net new ARR and revenue growth rates falling below expectations. AI cybersecurity hype has fueled the stock price, but there's little evidence of AI-driven growth materializing in recent results or guidance. CrowdStrike announced a $1 billion share buyback amounting to less than 1% of the outstanding shares in an indication of the expensive valuation.
Yes, we think so. Trading at a whopping 122 times its adjusted trailing earnings, CrowdStrike (NASDAQ:CRWD), a security software company, looks expensive.
CrowdStrike (NASDAQ:CRWD) saw its stock fall about 7% in extended trading on Tuesday, June 3, despite reporting better-than-expected Q1 earnings. The company reported adjusted earnings per share of $0.73 on sales of $1.10 billion, surpassing consensus estimates of $0.65 earnings per share on the same sales figure.
The cybersecurity firm reported better-than-expected earnings but revenue was a slight miss.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD ) Q1 2026 Earnings Conference Call June 3, 2025 5:00 PM ET Company Participants Burt W. Podbere - Chief Financial Officer George R.
Although the revenue and EPS for CrowdStrike (CRWD) give a sense of how its business performed in the quarter ended April 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CrowdStrike's revenue outlook comes up short, but the company sees big opportunity ahead as it takes advantage of AI and gets customers to embrace more of its portfolio.
CrowdStrike Holdings (CRWD) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.93 per share a year ago.
CrowdStrike (CRWD) delivered a quarterly outlook that fell short of analysts' expectations, sending shares lower in extended trading Tuesday after the stock closed at a record high.