CrowdStrike Drops 8% on Weak Guidance Despite Beat…
From Barchart: 2025-03-05 12:50:00
Shares of CrowdStrike (NASDAQ: CRWD) dropped over 8% today due to weaker-than-expected guidance for the current quarter, despite strong fourth-quarter results. The rise in cyberattacks has increased spending on cybersecurity solutions, benefiting CrowdStrike. Q4 earnings beat estimates with $1.03 EPS and $682 million revenue, showing 23% ARR growth.
CrowdStrike’s forward outlook disappointed investors, with projected operating income for the current quarter below consensus at $173.1-180 million. Revenue guidance for the quarter is $1.10-1.11 billion. For the full fiscal year, adjusted EPS is expected to be $3.33-3.45 with revenue forecasted at $4.74-4.81 billion. Despite growing cybersecurity demand, cautious outlook led to stock decline.
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