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Benzinga
Benzinga
Business
Adam Eckert

Why CrowdStrike Stock Is Moving Today

CrowdStrike CrowdStrike Holdings

CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are trading lower Friday after the company reported financial results.

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.

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