CrowdStrike Shares Surge After Q2 Revenue Hits $1.47B, Exceeding Estimates
Earnings·3 articles across 3 outlets
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
CrowdStrike Holdings Inc. reported Q2 revenue of $1.47 billion, a 26% increase year-over-year, surpassing the $1.44 billion estimate. The company's strong performance has led to a positive outlook, with projected full-year revenue exceeding analysts' expectations.
Following the announcement, CrowdStrike's shares jumped over 9% in after-hours trading, reflecting investor confidence in the cybersecurity firm's ability to capitalize on rising AI-driven demand in the industry.
CrowdStrike
Sources
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SourceReports the news
“CrowdStrike Holdings Inc.’s shares jumped in late trading after the company projected revenue for the full year that exceeded analysts’ estimates, evidence that the cybersecurity industry continues”
Bloomberg — CrowdStrike Shares Soar After Sales Outlook Beats Estimates“CrowdStrike stock climbed amid Q2 earnings and revenue that topped estimates while the cybersecurity firm's October quarter guidance came in above views.”
IBD — CrowdStrike Stock Climbs As Earnings, Revenue, Outlook Top Views“Jake Bleiberg / Bloomberg: CrowdStrike reports Q2 revenue up 26% YoY to $1.47B, vs.”
techmeme — CrowdStrike reports Q2 revenue up 26% YoY to $1.47B, vs. $1.44B est., and forecasts FY 2027 revenue above estimates; CRWD jumps 9%+ after hours (Jake Bleiberg/Bloomberg)