Categories AlphaGraphs, Earnings, Technology

CRWD Earnings: A snapshot of CrowdStrike’s Q4 2023 report

Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported higher adjusted earnings and revenues for the fourth quarter of 2023.

Fourth-quarter net income, excluding special items, rose to $0.47 per share from $0.30 per share a year earlier. On an unadjusted basis, it was a net loss of $47.5 million or $0.20 per share, compared to a loss of $41.9 million or $0.18 per share in the fourth quarter of 2022.

The positive earnings performance, on an adjusted basis, reflects a 48% increase in fourth-quarter revenues to $637.4 million, with strong contributions from the core Subscription division.


Check this space to read management/analysts’ comments on quarterly reports


CrowdStrike’s chief financial officer Burt Podbere said, “CrowdStrike delivered an exceptional fourth quarter and strong finish to the year. We remain focused on delivering increased operating leverage while continuing our thoughtful, disciplined and strategic approach to investing in innovation and market share expansion to capture the massive opportunities we see ahead for CrowdStrike.”

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

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

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top