CrowdStrike (CRWD) Stock Gains 14% on Q4 Beat and Raise
CrowdStrike Holdings Inc. (NASDAQ: CRWD) shares rose 14% after-hours following the company’s reported Q4 results, with EPS of $0.30, coming in better than the consensus estimate of $0.20.
Revenue increased 63% year-over-year to $431 million, compared to the consensus estimate of $410.89 million. Subscription revenue grew 66% year-over-year to $405.4 million. Annual Recurring Revenue (ARR) grew 65% year-over-year to $1.73 billion as of January 31, 2022, of which $216.9 million was net new ARR added in Q4, which was a new all-time high.
The company expects Q1/23 EPS in the range of $0.22-$0.24, better than the consensus of $0.17, and revenue in the range of $458.9-465.4 million, compared to the consensus of $440.8 million.
For the full 2023-year, the company expects EPS of $1.03-$1.13, better than the consensus of $0.91, and revenue of $2.133-2.163 billion, compared to the consensus of $2.01 billion.
