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<US> CrowdStrike Holdings, Inc. (CRWD.US) Falls 11% After Hours as 2Q Revenue Guidance In Line
Cybersecurity giant CrowdStrike Holdings, Inc. (CRWD.US) reported 1Q revenue growth of 25.6% YoY to USD1.39 billion, beating market expectations. GAAP net profit was USD27.774 mill...
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<US> CrowdStrike Holdings, Inc. (CRWD.US) Falls 11% After Hours as 2Q Revenue Guidance In Line
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Cybersecurity giant CrowdStrike Holdings, Inc. (CRWD.US)      reported 1Q revenue growth of 25.6% YoY to USD1.39 billion, beating market expectations. GAAP net profit was USD27.774 million, compared with a loss of USD104.3 million in the same period a year earlier. Adjusted EPS was USD1.1, above the market forecast of USD1.07.

CrowdStrike Holdings, Inc. expects 2Q revenue of between USD1.436 billion and USD1.442 billion, broadly in line with market expectations. The company forecast adjusted EPS of USD1.16 to USD1.17. On relatively conservative revenue guidance, the stock fell 11.21% in after-hours trading to USD663.8.

Related NewsContinuing Jobless Claims for May/23 in the United States is 1,777K, lower than the previous value of 1,785K. The forecast was 1,780K.
In addition, the company announced a 1-for-4 stock split, which is expected to take effect in early July. (mn/da)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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