Categories AlphaGraphs, Earnings, LATEST, Technology
CrowdStrike (CRWD) Earnings: Q2 results beat amid COVID-driven demand growth
Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ: CRWD) Tuesday reported higher earnings and revenues for the second quarter of 2022 as demand conditions remained favorable due to pandemic-driven digital transformation and cloud adoption. The results also beat the estimates.
Second-quarter net income, excluding special items, rose to $0.11 per share from $0.03 per share a year earlier, surpassing the consensus forecast. On an unadjusted basis, it was a net loss of $57.30 million or $0.25 per share, compared to a loss of $29.9 million or $0.14 per share in the second quarter of 2021.
The positive earnings performance reflects a 70% increase in second-quarter revenues to $337.7 million, which also came in above the market’s prediction.
Read management/analysts’ comments on CrowdStrike’s Q2 earnings
Shares of CrowdStrke declined during Tuesday’s extended trading, after closing the regular session lower.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion
