CRWD - CrowdStrike Analysts Boost Their Forecasts Following Strong Earnings | Benzinga
CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported better-than-expected fourth-quarter earnings and revenues and issued upbeat guidance for FY25 on Tuesday.
CrowdStrike’s fourth-quarter revenue increased 33% year-over-year to $845.34 million, which beat the consensus estimate of $839.04 million, according to Benzinga Pro. The cybersecurity company reported quarterly earnings of 95 cents per share, which beat analyst estimates of 82 cents per share.
"Customers favor our single platform approach, standardizing on CrowdStrike for cloud security, identity protection, and LogScale next-gen SIEM solutions, together representing more than $850 million of ending ARR,” said George Kurtz, co-founder, president and CEO of CrowdStrike. "CrowdStrike is cybersecurity’s consolidator of choice, innovator of choice, and platform of choice to stop ...