Categories AlphaGraphs, Earnings, Technology
Infographic: CrowdStrike (CRWD) Q1 earnings, revenues top expectations
Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ: CRWD) Thursday reported higher earnings and revenues for the first quarter of 2023 as demand conditions remained favorable due to strong digital transformation and cloud adoption. The results also beat the estimates.
First-quarter net income, excluding special items, rose to $0.31 per share from $0.10 per share a year earlier, surpassing the consensus forecast. On an unadjusted basis, it was a net loss of $31.5 million or $0.14 per share, compared to a loss of $85.0 million or $0.38 per share in the first quarter of 2022.
The positive earnings performance, on an adjusted basis, reflects a 61% increase in first-quarter revenues to $487.8 million, which also came in above the market’s prediction.
Check this space to read management/analysts’ comments on CrowdStrike’s Q1 earnings
Shares of CrowdStrike declined during Thursday’s extended trading, after closing the regular session higher.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Infographic: How UnitedHealth Group (UNH) performed in Q1 2025
UnitedHealth Group (NYSE: UNH) reported its first quarter 2025 earnings results today. Total revenues were $109.6 billion compared to $99.8 billion in the same quarter a year ago. Net earnings
INFY Earnings: Infosys Q4 profit drops despite an increase in revenues
Infosys (NYSE: INFY) Thursday reported an increase in revenues for the fourth quarter of 2025. However, Q4 profit declined year-over-year. The software firm’s revenues increased 3.6% year-over-year to $4.73 billion
AXP Earnings: Key quarterly highlights from American Express’ Q1 2025 financial results
American Express Company (NYSE: AXP) reported its first quarter 2025 earnings results today. Consolidated total revenues net of interest expense were $17 billion, up 7% year-over-year. Revenues grew 8% on
