CrowdStrike: Fiscal Q4 Earnings Snapshot
AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CrowdStrike Holdings Inc. (CRWD) on Tuesday reported a loss of $92.3 million in its fiscal fourth quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 37 cents. Earnings, adjusted for stock option expense and pretax expenses, came to $1.03 per share.
The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share.
The cloud-based security company posted revenue of $1.06 billion in the period, also topping Street forecasts. Thirteen analysts surveyed by Zacks expected $1.03 billion.
For the year, the company reported a loss of $19.3 million, or 8 cents per share. Revenue was reported as $3.95 billion.
For the current quarter ending in April, CrowdStrike expects its per-share earnings to range from 64 cents to 66 cents.
The company said it expects revenue in the range of $1.1 billion to $1.11 billion for the fiscal first quarter.
CrowdStrike expects full-year earnings in the range of $3.33 to $3.45 per share, with revenue ranging from $4.74 billion to $4.81 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRWD at https://www.zacks.com/ap/CRWD
