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Benzinga

Business

Wayne Duggan

5 CrowdStrike Analysts React To Q1 Earnings Beat, Guidance Hike, Potential Hiring Ramp

CrowdStrike CRWD CrowdStrike Holdings Inc Nasdaq Alex Henderson Andrew Nowinski Gregg Moskowitz Matw Hedberg Tal Liani Bank of America

CrowdStrike Holdings Inc (NASDAQ:CRWD) shares traded down by 6.2% on Friday after the company reported a first-quarter earnings beat and raised its full-year guidance.

On Thursday, CrowdStrike reported adjusted first-quarter EPS of 31 cents on revenue of $487.8 million. Both numbers exceeded consensus analyst estimates of 23 cents and $463.2 million, respectively. Revenue was up 61% from a year ago.

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