George Kurtz, co-founder and CEO of Crowdstrike Holdings Inc., conducted an interview with Bloomberg Technology TV at an RSA conference in San Francisco on April 26, 2023.
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Crowdstrike Stocks in expansion trading fell nearly 9% on Tuesday after cybersecurity software providers issued disappointing earnings guidance.
Compared with the LSEG estimate, the company reports:
- Earnings per share: $1.03. The figure seems to be comparable to analyst estimates.
- income: $1.06 billion vs. $1.03 billion
Revenue rose 25% from $845.3 million a year ago, with the company’s net loss of $92.3 billion or 37 cents a share. In the same period last year, the company’s net income was $53.7 million, or 22 cents per share.
CrowdStrike said the year’s estimated earnings per share (excluding certain items) is between $3.33 and $3.45, down from $4.42 expected by analysts who voted by LSEG. First-quarter revenue is expected to be between 64 cents and 66 cents per share, while the average estimate is 95 cents.
Despite the decline after get off work, CrowdStrike has made some of the indicators on Wall Street. The company’s annual recurring revenue was $4.24 billion, reflecting a 23% increase. That exceeded the $4.21 billion estimate of analysts surveyed by SwierAccount, including $224 million in annual recurring revenue.
Income guidance roughly meets the estimate. CrowdStrike said revenue for the year ranged from $4.74 billion to $4.81 billion, while LSEG is estimated at $4.77 billion.
Earnings were released nearly eight months after the company’s technology update Causing global IT disruptions It was a flight that took root, ruining the business and leading to a class action lawsuit.
CEO George Kurtz is Press release This kind of artificial intelligence is becoming increasingly important in preventing cyberattacks.
“As enterprises of all sizes quickly adopt AI, blocking violations requires an AI-only platform that is cybersecured,” Kurtz said.
