CrowdStrike Reports Q1 Profit and Raised Fiscal Outlook Despite Stock Decline
CrowdStrike reported a first-quarter profit of $27.8 million, or 11 cents per share, with adjusted earnings exceeding expectations at $1.10 per share. The company raised its full-year revenue guidance to between $5.91 billion and $5.96 billion and announced a stock split. Despite these positive developments, the stock fell about 11% in after-hours trading.
Tickers: $CRWD
Topics: cybersecurity profitability revenue_growth stock_split