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Chris Markoch

CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?

CrowdStrike CRWD Cybersecurity MarketBeat

Shares of CrowdStrike Holdings Inc. (NASDAQ: CRWD) were down about 4% the day after the cybersecurity company delivered what was, by fundamental metrics, a strong earnings report. For the first quarter of its 2027 fiscal year, CrowdStrike delivered a beat on the top and bottom lines and raised its guidance.

Revenue of $1.39B was up 26% year over year (YOY).

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One subscription that gives you access to news from hundreds of sites

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