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Barchart
Barchart
Rashmi Kumari

What You Need to Know Ahead of CrowdStrike’s Earnings Release

Based in Austin, Texas, CrowdStrike Holdings, Inc. (CRWD) is a cybersecurity company specializing in endpoint protection, threat intelligence, and cyberattack response services. Founded in 2011, CrowdStrike has a market cap of $56.86 billion and is renowned for its innovative cloud-native cybersecurity solutions. The company is set to announce its fiscal Q2 earnings results on Wednesday, Sep. 4.

Ahead of the event, analysts expect CRWD to report a profit of $0.24 per share, up 300% from $0.06 per share in the year-ago quarter. In the last four quarters, the company has surpassed Wall Street’s bottom-line estimates in three and missed on another occasion. Its adjusted earnings of $0.20 per share for the last quarter missed the consensus estimate by 4.8%. 

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