CrowdStrike Reports First Quarter Fiscal Year 2022 Financial Results

CrowdStrike (CRWD) Reports a Beat-and-Raise Quarter, Strong Execution Outweighs Premium Valuation Says Analyst

CrowdStrike (NASDAQ: CRWD) reported better-than-expected Q1 earnings and raised its full-year guidance to send its shares modestly higher in pre-open Friday.

The company made a profit of $0.10 per share to top the $0.04 per share expected from market analysts while sales soared 70% to $302.8 million.

CrowdStrike kicked off the new fiscal year with strong momentum and delivered outstanding first quarter results that exceeded our expectations. We saw strength in multiple areas of the business, added $144 million in net new ARR in the quarter and grew ending ARR 74% year-over-year to exceed $1.19... More

CrowdStrike Holdings (CRWD) PT Raised to $275 at DA Davidson

DA Davidson analyst Andrew Nowinski raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $275.00 (from $250.00) while maintaining a Buy rating.

CrowdStrike Holdings (CRWD) PT Raised to $255 at Mizuho Securities

Mizuho Securities analyst Gregg Moskowitz raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $255.00 (from $250.00) while maintaining a Buy rating.

The analyst commented, "CRWD again reported very good F1Q results, led by ARR growth of 74% Y/Y that significantly beat our 66%... More

CrowdStrike Holdings Inc. (CRWD) Tops Q1 EPS by 4c; Guides Above Views

CrowdStrike Holdings Inc. (NASDAQ: CRWD) reported Q1 EPS of $0.10, $0.04 better than the analyst estimate of $0.06. Revenue for the quarter came in at $302.8 million versus the consensus estimate of $291.49 million.

CrowdStrike kicked off the new fiscal year with strong momentum and delivered outstanding first quarter results that exceeded our expectations. We saw strength in multiple areas of the business, added $144 million in net new ARR in the quarter and grew ending ARR 74% year-over-year... More