Categories AlphaGraphs, Earnings, Technology
CRWD Earnings: CrowdStrike Q3 2024 earnings beat; revenue up 35%
Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported stronger-than-expected adjusted earnings for the third quarter of 2024 when the tech firm’s revenues grew by 35%.
Total revenue rose an impressive 35% year-over-year to $786.0 million in the October quarter from $580.9 million last year. Subscription revenue advanced 34%, and Professional Services revenue climbed 57%.
The company’s adjusted earnings more than doubled to $0.82 per share during the three-month period. Earnings also topped expectations. Net income attributable to CrowdStrike, on an unadjusted basis, was $26.7 million or $0.11 per share in Q3, compared to a loss of $55.0 million or $0.24 per share in the third quarter of fiscal 2023.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
