CrowdStrike: Fiscal Fourth Quarter Earnings Overview

CrowdStrike Reports Strong Fourth-Quarter Results

CrowdStrike Holdings Inc., headquartered in Austin, Texas, announced a net income of $38.7 million for its fiscal fourth quarter.

The company’s earnings translated to $0.15 per share. After adjusting for one-time items and stock-based compensation, adjusted earnings reached $1.12 per share.

These figures surpassed analyst expectations, as a consensus of 15 analysts polled by Zacks Investment Research had projected earnings of $1.10 per share.

During the quarter, CrowdStrike generated $1.31 billion in revenue, exceeding the $1.3 billion anticipated by 14 Zacks analysts.

For the full fiscal year, CrowdStrike reported a net loss of $162.5 million, or $0.65 per share, while total revenue amounted to $4.81 billion.

Looking ahead to the current quarter ending in April, the company forecasts earnings per share between $1.06 and $1.07.

Revenue for the upcoming fiscal first quarter is expected to be approximately $1.36 billion.

For the full year, CrowdStrike projects earnings per share in the range of $4.78 to $4.90, with revenue estimates between $5.87 billion and $5.93 billion.