CRWD Q2 Earnings Beat: Will Weak FY25 Guidance Drag Down Shares?
CRWDCrowdStrike(CRWD) ZACKS·2024-08-29 21:46

CrowdStrike Holdings, Inc. (CRWD) reported non-GAAP earnings of 1.04pershareinthesecondquarteroffiscal2025,whichsurpassedtheZacksConsensusEstimateof98centsandcameaheadofmanagement’sguidanceof98−99cents.CRWDreportednon−GAAPearningsof74centsintheyear−agoquarter.Therobustbottom−lineperformancewasmainlydrivenbyhigherrevenuesandbettercostmanagement.CrowdStrike’sfiscalsecond−quarterrevenuesof1.04 per share in the second quarter of fiscal 2025, which surpassed the Zacks Consensus Estimate of 98 cents and came ahead of management’s guidance of 98-99 cents. CRWD reported non-GAAP earnings of 74 cents in the year-ago quarter. The robust bottom-line performance was mainly driven by higher revenues and better cost management.CrowdStrike’s fiscal second-quarter revenues of 963.9 million rose 32% year over year and surpassed the consensu ...