menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

CrowdStrik...
source image

Siliconangle

1M

read

36

img
dot

Image Credit: Siliconangle

CrowdStrike shares fall 5% after fourth-quarter outlook misses expectations

  • Shares in CrowdStrike Holdings Inc. fell nearly 5% in late trading today after the cybersecurity company reported solid fiscal 2025 third-quarter results but fell short of expectations with its fourth-quarter outlook.
  • For the quarter that ended on Oct. 31, CrowdStrike reported adjusted earnings per share of 93 cents, up from 82 cents in the same quarter of the previous year, on revenue of $1.02 billion, up 29% year-over-year. Both were beats, as analysts had expected adjusted earnings per share of 81 cents on revenue of $982.81 million.
  • For its fiscal fourth quarter, CrowdStrike expects adjusted earnings per share of 84 to 86 cents on revenue of $1.029 billion to $1.035 billion. For the full year, the company expects adjusted earnings of $3.74 per share on revenue of $3.924 billion to $3.93 billion.
  • The fourth quarter outlook came in below an expected 87 cents per share, hence the decline in CrowdStrike’s after-hours share price.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app