CrowdStrike (NASDAQ:CRWD) issued an update on its FY 2022 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.350-0.410 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.300. The company issued revenue guidance of $1.35 billion-1.37 billion, compared to the consensus revenue estimate of $1.32 billion.CrowdStrike also updated its Q2 2022 guidance to $0.070-0.090 EPS.
Shares of CrowdStrike stock traded up $2.31 during trading hours on Friday, reaching $230.91. 179,055 shares of the company’s stock were exchanged, compared to its average volume of 3,923,981. The business’s 50 day moving average is $206.95. CrowdStrike has a fifty-two week low of $91.05 and a fifty-two week high of $251.28. The company has a current ratio of 2.07, a quick ratio of 2.65 and a debt-to-equity ratio of 0.87. The firm has a market cap of $51.70 billion, a PE ratio of -319.56 and a beta of 1.23.
CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Wednesday, June 2nd. The company reported $0.10 EPS for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.04. CrowdStrike had a negative net margin of 15.86% and a negative return on equity of 11.89%. The company had revenue of $302.80 million during the quarter, compared to the consensus estimate of $291.77 million. During the same period in the prior year, the business posted $0.02 EPS. The company’s quarterly revenue was up 70.0% on a year-over-year basis. Equities analysts predict that CrowdStrike will post -0.64 earnings per share for the current year.
In related news, CAO Abhishek Maheshwari sold 2,385 shares of CrowdStrike stock in a transaction that occurred on Monday, March 22nd. The shares were sold at an average price of $191.90, for a total value of $457,681.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Shawn Henry sold 4,000 shares of CrowdStrike stock in a transaction that occurred on Monday, March 15th. The shares were sold at an average price of $200.69, for a total transaction of $802,760.00. The disclosure for this sale can be found here. Insiders have sold 353,433 shares of company stock worth $71,446,901 over the last ninety days. Insiders own 8.64% of the company’s stock.
CrowdStrike Holdings, Inc provides cloud-delivered solutions for endpoint and cloud workload protection in the United States, Australia, Germany, India, Israel, Romania, and the United Kingdom. It offers 19 cloud modules on its Falcon platform through a software as a service subscription-based model that covers various security markets, such as corporate workload security, security and vulnerability management, managed security services, IT operations management, threat intelligence services, identity protection, and log management.
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