CrowdStrike Holdings Inc (NASDAQ:CRWD) shares fell 6.1% to $342 after hours even though earnings and revenue for the past quarter were higher than Wall Street expected, but the outlook for the next quarter was unclear. Adjusted earnings per share for the cybersecurity group's third quarter rose 13% to $0.93 on revenue that swelled 29% to $1.01 billion.
Cybersecurity company CrowdStrike Holdings (CRWD) reported stronger-than-expected third-quarter earnings on Tuesday, but shares dropped 5.1% in premarket trading Wednesday due to a cautious fourth-quarter outlook. Despite the drop, the company posted notable revenue growth, signaling resilience after a challenging summer that included a global tech outage caused by its software.
Shares of CrowdStrike Holdings Inc CRWD closed at $364.3 apiece on Tuesday and fell by more than 5% in premarket trading on Wednesday.
CrowdStrike's strong growth and resilience are impressive, but at 57x forward free cash flow, the risk-reward balance is too tight for me. Despite high retention rates and solid fundamentals, margin pressures and fallout from a global outage pose significant risks to future performance. Analysts' revenue growth expectations for fiscal 2026 seem conservative; however, flawless execution is required to justify the current valuation.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD ) Q3 2025 Earnings Conference Call November 26, 2024 5:00 PM ET Company Participants Maria Riley - Vice President, Investor Relations George Kurtz - Chief Executive Officer & Founder Burt Podbere - Chief Financial Officer Conference Call Participants Saket Kalia - Barclays Hamza Fodderwala - Morgan Stanley Brian Essex - JPMorgan Patrick Colville - Scotiabank Tal Liani - Bank of America Joel Fishbein - Truist Gabriela Borges - Goldman Sachs Matt Hedberg - RBC Andy Nowinski - Wells Fargo Gregg Moskowitz - Mizuho John DiFucci - Guggenheim Operator Hello, and welcome to CrowdStrike's Fiscal Third Quarter 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
While the top- and bottom-line numbers for CrowdStrike (CRWD) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
CrowdStrike Holdings (CRWD) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.82 per share a year ago.
CrowdStrike (CRWD) swung to an unexpected loss in the third quarter as expenses rose, despite revenue gains that topped analysts' estimates.
Cybersecurity firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday, betting on growing demand for cybersecurity services amid growing online threats.
An executive says the cybersecurity company ‘saw incredible success with our customer commitment packages' meant to appease customers after the July incident.
CNBC's Kate Rooney joins 'Closing Bell Overtime' to talk Crowdstrike earnings.
CrowdStrike swung to a loss in the third quarter, dragged down by expected headwinds following one of the worst computer outages ever, though the company raised its fiscal-year outlook and posted higher revenue as adoption accelerated.