CrowdStrike Shares Drop on Weak Revenue Guidance
- CrowdStrike reported its fiscal first quarter results ending April 30, 2025, and shares fell about 5% after issuing weaker-than-expected revenue guidance.
- The company's revenue projection for the current quarter ranged just under $1.15 billion, falling short of analysts' expectation of $1.16 billion, which contributed to the decline in its share price.
- The company reported $1.10 billion in revenue, marking nearly a 20% increase year-over-year, but posted a net loss of $110.2 million. This decline was influenced in part by higher expenses in sales, marketing, research and development, and administration, partially due to a widespread software disruption experienced during the previous summer.
- CEO George Kurtz expressed that the company’s decision to allocate $1 billion for stock buybacks demonstrates their strong belief in CrowdStrike’s long-term prospects and commitment to preventing security breaches, while also announcing plans to reduce the workforce by 500 employees in May.
- Despite near-term challenges, CrowdStrike raised its full-year adjusted earnings guidance to $3.44-$3.56 per share while maintaining revenue expectations of $4.74-$4.81 billion, suggesting ongoing confidence in growth potential.
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CrowdStrike Falls a Day After Disappointing Earnings Outlook
·New York, United States
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CrowdStrike shares drop on weak revenue guidance
CrowdStrike reported better-than-expected results for the latest quarter but issued revenue guidance that missed estimates.
·Chicago, United States
Read Full ArticleCrowdStrike Named a Customers’ Choice in the 2025 Gartner® Peer Insights™ ‘Voice of the Customer’ for User Authentication Report
CrowdStrike received the most 5-star ratings of any vendor evaluatedAUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (NASDAQ: CRWD) today announced its recognition as a Customers’ Choice in the 2025 Gartner Peer Insights™ ‘Voice of the Customer’ for User A... L'articolo CrowdStrike Named a Customers’ Choice in the 2025 Gartner® Peer Insights™ ‘Voice of the Customer’ for User Authentication Report è un contenuto originale di 01net.
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Leaning Left2Leaning Right2Center3Last UpdatedBias Distribution43% Center
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- 43% of the sources are Center
43% Center
L 29%
C 43%
R 29%
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