George Kurtz, co-founder and chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California.
Patrick T. Fallon | Bloomberg | Getty Images
Here are the results:
- Loss per share: 47 cents versus 47 cents estimated, according to Refinitiv.
- Revenue: $96.1 million versus $95.6 million estimated, according to Refinitiv.
For the quarter, CrowdStrike’s loss per share was in line with analysts’ estimates and revenue was slightly better than expected.
CrowdStrike said it expects a loss of 24 to 23 cents per share, in its fiscal second quarter, on $103 million to $104 million in revenue. The company’s forecast for the full year was a loss of 72 to 70 cents per share and $430.2 million to $436.4 million in revenue.
The company, which held its initial public offering June 12, provides cloud-based cybersecurity technology and consulting services, including investigation services.
Crowdstrike’s stock has more than doubled from its IPO price of $34. The stock surged 71% on its first day of trading, an indicator of the market’s strong interest in the market for cybersecurity services.