Why CrowdStrike Holdings, Inc. (CRWD) Crashed On Wednesday
From Yahoo Finance: 2025-06-05 05:52:00
Investors are dumping CrowdStrike Holdings, Inc. (CRWD) as share prices dropped by 5.77% to $460.56 due to disappointing earnings in the first quarter of fiscal year 2026. The company reported an attributable net loss of $110 million, swinging from a net income of $42.8 million.
Despite the decline, CrowdStrike Holdings, Inc. (CRWD) saw a 19.76% increase in revenues to $1.1 billion compared to last year. The company forecasts revenues between $1.144 billion and $1.151 billion for the second quarter, with earnings per share ranging from $0.82 to $0.84 cents.
For the full year, CrowdStrike Holdings, Inc. (CRWD) aims for revenues of $4.7 billion to $4.8 billion, and earnings per share of $3.44 to $3.56. The company remains focused on monitoring global threats in real-time to maintain security.
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