Is CrowdStrike (CRWD) Stock Worth Buying Ahead of Q1 Earnings?
From Nasdaq: 2024-05-31 09:43:00
CrowdStrike Holdings, Inc. CRWD is set to report first-quarter fiscal 2025 results on Jun 4. The company’s subscription-based revenue model has led to impressive financial performance. For Q1, CrowdStrike anticipates total revenues between $902.2 million and $905.8 million, and non-GAAP earnings between 89 cents and 90 cents per share. The cybersecurity market is growing, providing opportunities for CrowdStrike with its innovative technology. Acquisitions and partnerships further enhance its growth prospects. CrowdStrike’s strategic collaborations with Amazon Web Services, Google Cloud, and Cloudflare have strengthened its position in the cybersecurity industry. With a strong financial performance and market leadership, CrowdStrike is a compelling investment option.
Read more at Nasdaq: Is CrowdStrike (CRWD) Stock Worth Buying Ahead of Q1 Earnings?