CRWD - These Analysts Revise Their Forecasts On CrowdStrike After Upbeat Results | Benzinga
CrowdStrike Holdings Inc (NASDAQ:CRWD) reported better-than-expected financial results for the first quarter of fiscal 2025 and raised guidance for fiscal-year 2025 on Tuesday.
CrowdStrike’s first-quarter revenue increased 33% year-over-year to $921 million, beating the consensus estimate of $904.66 million. The cybersecurity company reported adjusted earnings of 93 cents per share, beating analyst estimates of 89 cents per share, according to data from Benzinga Pro.
"CrowdStrike started the fiscal year from a position of momentum and exceptional strength, with net new ARR of $212 million growing 22% year-over-year and ending ARR growing 33% year-over-year to reach $3.65 billion," said George Kurtz, co-founder, president and CEO ...