CRWD down 6.4% today
Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) fell 10.8% in the morning session after the company reported mixed fourth quarter (fiscal 2025) results: Its full-year revenue guidance was just in line, while full-year operating profit guidance missed Wall Street's estimates.
The profit guidance miss was due to investments in platform resiliency, AI efficiencies, and sales and marketing costs, some of which are from CCPs (customer compensation packages) following the July 19th outage.
On the other hand, CrowdStrike beat analysts' annual recurring revenue (ARR), revenue, and operating profit expectations during the quarter. Sales climbed 25% year-on-year, largely driven by a 27% growth in subscription revenue as companies leaned more on its Falcon platform. Overall, the quarter was solid, but the guidance was mixed, and the latter is weighing on shares.
The shares closed the day at $365.27, down 6.4% from previous close
5
2 comments
Lindsay Talbot
8
CRWD down 6.4% today
Invest & Retire Community
skool.com/invest-retire-community-1699
Investment & Retirement Strategies for busy full-time professionals. Long-term investing & Monthly Passive income ideas.
Leaderboard (30-day)
Powered by