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
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
