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CrowdStrike (CRWD) Reports a Beat-and-Raise Quarter, Strong Execution Outweighs Premium Valuation Says Analyst
June 4, 2021 9:21 AM EDTCrowdStrike (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
June 4, 2021 8:14 AM EDTDA Davidson analyst Andrew Nowinski raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $275.00 (from $250.00) while maintaining a Buy rating.
... More