From Barchart: 2024-11-27 08:48:00

CrowdStrike Holdings (NASDAQ:CRWD) posted strong Q3 results, with revenue hitting $1.01 billion, exceeding expectations. Adjusted profit per share was $0.93, beating forecasts. Despite this, shares dropped 3% in pre-market due to weak Q4 revenue guidance. The company also reached $4 billion in annual recurring revenue, solidifying its position in cybersecurity.

For Q4, CrowdStrike expects revenue between $1.03 billion and $1.04 billion, in line with estimates. However, investors were not impressed. The company raised its annual adjusted earnings outlook, now forecasting profit per share between $3.74 and $3.76, up from $3.61 to $3.65.



Read more at Barchart:: CrowdStrike Beats Q3 Expectations, But Shares Dip …