CrowdStrike: Fiscal Q1 Earnings Snapshot
By Ap News
Published - Jun 04, 2024, 04:15 PM ET
Last Updated - Jun 04, 2024, 04:15 PM EDT
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CrowdStrike Holdings Inc. (CRWD) on Tuesday reported fiscal first-quarter earnings of $42.8 million.
The Austin, Texas-based company said it had profit of 17 cents per share. Earnings, adjusted for one-time gains and costs, came to 93 cents per share.
The results surpassed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.
The cloud-based security company posted revenue of $921 million in the period, which also topped Street forecasts. Fourteen analysts surveyed by Zacks expected $904.8 million.
