CrowdStrike Holdings Inc. (CRWD) Tops Q1 EPS by 4c; Guides Above Views
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Go back to CrowdStrike Holdings Inc. (CRWD) Tops Q1 EPS by 4c; Guides Above Views
June 4, 2021 9:21 AM EDT
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
June 4, 2021 8:14 AM EDT
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.
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June 4, 2021 6:36 AM EDT
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
