CrowdStrike Holdings Inc. (NASDAQ: CRWD) reported Q2 EPS of $0.11, $0.02 better than the analyst estimate of $0.09. Revenue for the quarter came in at $337.7 million versus the consensus estimate of $323.13 million.

"CrowdStrike delivered an outstanding second quarter with rapid subscription revenue growth and record net new ARR generated in the quarter. We saw strength in multiple areas of the business, added $151 million in net new ARR and grew ending ARR 70% year-over-year to exceed $1.34 billion. The success of our platform strategy and our growing brand leadership have led to a groundswell of customers turning to CrowdStrike as their trusted security platform of record. We believe that our extensible Falcon platform, purpose-built to leverage the power of the cloud, collecting data once and reusing it many times, is a fundamental cornerstone to building a durable growth business over the long-term," said George Kurtz, CrowdStrike’s co-founder and chief executive officer.

Commenting on the company's financial results, Burt Podbere, CrowdStrike’s chief financial officer, added, “In the second quarter we once again achieved strong growth at scale and delivered exceptional unit economics, drove leverage and remained capital efficient, generating strong operating and free cash flow. Given our strong performance and growing momentum in the market, and reflecting our view of a continued robust demand environment, we are raising our guidance for fiscal year 2022."

GUIDANCE:

CrowdStrike Holdings Inc. sees Q3 2022 EPS of $0.08-$0.10, versus the consensus of $0.09. CrowdStrike Holdings Inc. sees Q3 2022 revenue of $358-365.3 million, versus the consensus of $350.92 million.

CrowdStrike Holdings Inc. sees FY2022 EPS of $0.43-$0.49, versus the consensus of $0.40. CrowdStrike Holdings Inc. sees FY2022 revenue of $1.391-1.408 billion, versus the consensus of $1.36 billion.

For earnings history and earnings-related data on CrowdStrike Holdings Inc. (CRWD) click here.

Earnings Guidance

CrowdStrike Holdings (CRWD) PT Raised to $340 at Needham & CompanySeptember 1, 2021 7:14 AM CrowdStrike Holdings (CRWD) PT Raised to $330 at Canaccord GenuitySeptember 1, 2021 7:11 AM CrowdStrike Holdings (CRWD) PT Raised to $315 at StifelSeptember 1, 2021 6:19 AM 'The Crowd is Getting Better': CrowdStrike (CRWD) Falls Despite Topping Estimates as Strong Results Likely Priced In, Analysts Raise PTs on 'Another Strong Quarter'September 1, 2021 5:37 AM CrowdStrike (CRWD) Falls 3% After-Hours Despite Q2 Beat/Raise on 70% Revenue GrowthAugust 31, 2021 4:39 PM CrowdStrike Reports Second Quarter Fiscal Year 2022 Financial ResultsAugust 31, 2021 4:05 PM