FMP
Jun 5, 2024 4:49 PM - Davit Kirakosyan
CrowdStrike (NASDAQ:CRWD) shares surged more than 7% intra-day today on the company's increased full-year guidance after reporting Q1 results that surpassed both revenue and earnings expectations, driven by the growing demand for cybersecurity amid the AI data boom.
For Q1, the company reported adjusted earnings of $0.93 per share on revenue of $921 million, surpassing analyst expectations of $0.89 per share on revenue of $904.56 million. Annual recurring revenue, a key performance indicator for its subscription services, increased by 33% year-over-year. The non-GAAP subscription gross margin remained steady at 78%, the same as the previous year.
CrowdStrike updated its fiscal 2025 forecast, now projecting adjusted EPS between $3.93 and $4.03, and revenue ranging from $3.98 billion to $4.01 billion. This is an improvement from the previous guidance of EPS between $3.77 and $3.97, and revenue of $3.92 billion to $3.99 billion.
For the second quarter, CrowdStrike expects an adjusted EPS of $0.98 to $0.99 on revenue between $958.3 million and $961.2 million, exceeding Wall Street's estimates of $0.91 on revenue of $954.6 million.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...