George Kurtz, Chief Executive Officer from Crowdstrike Inc., speaks on Wednesday, March 4, 2020, during the Montgomery Summit in Santa Monica, California, USA.
Patrick T. Fallon | Bloomberg | Getty pictures
Crowdstrike The shares fell 5%on Tuesday on Tuesday, after the security software manufacturer had issued weaker sales forecast than expected.
So the company led against the LSEG consensus:
- Win each share: 73 cents adapted compared to 65 cents
- Revenue: 1.10 billion US dollars are expected compared to 1.10 billion US dollars
Sales rose by almost 20%in the first quarter, which, according to an explanation, ended on April 30th. In the previous year, the company recorded a net loss of $ 110.2 million or 44 cents per share compared to the net result of $ 42.8 million or 17 cents per share.
The costs rose in sales and marketing as well as research and development and administration, partly due to a broad software failure last summer.
For the current quarter, Crowdstrike made 82 cents up to 84 cents in an adjusted profit per share to 1.14 billion US dollars up to $ 1.15 billion. Analysts surveyed by LSEG expected a profit of 81 cents per share and sales of 1.16 billion US dollars.
Crowdstrike has increased his instructions for the total annual profit, but has retained its sales expectations. The company now generates USD 3.44 to 3.56 profit per share, from USD 4.74 billion to $ 4.81 billion. The LSEG consensus was $ 3.43 per share and sales of 4.77 billion dollars. The profit guidelines provided in March were 3.33 to 3.45 US dollars in adjusted result per share.
Crowdstrike also said on Tuesday that it was intended to do 1 billion US dollars for share purchases.
“Today's announcement surrender reflects our trust in the future of crowdstrike and unshakable mission to stop violations,” said CEO George Kurtz in the explanation.
In May, Crowdstrike said it would do 500 employees, which corresponds to around 5% of its workforce. The company is now expecting a free cash flow margin of over 30% for the 2027 financial year, Burt Podbere, his financial officer, said in a conference call with analysts.
By the end of Tuesday, the share rose by 43% in 2025, while the S&P 500 index had increased less than 2%.
Do not miss these findings from CNBC Pro
Comments are closed.