
CrowdStrike Holdings Inc (NASDAQ:CRWD) is trading lower in Thursday's after-hours session despite reporting better-than-expected financial results and raising guidance.
CrowdStrike said fiscal first-quarter revenue increased 61% year-over-year to $487.8 million, which beat the estimate of $463.27 million, according to data from Benzinga Pro. The cybersecurity company reported quarterly earnings of 31 cents per share, which beat the estimate of 23 cents per share.