CrowdStrike: Fiscal Q4 Earnings Snapshot

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CrowdStrike Holdings Inc. (CRWD) on Tuesday reported fiscal fourth-quarter earnings of $53.7 million.

The Austin, Texas-based company said it had net income of 22 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 95 cents per share.

The results exceeded Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.

The cloud-based security company posted revenue of $845.3 million in the period, also topping Street forecasts. Fifteen analysts surveyed by Zacks expected $839.1 million.

For the year, the company reported profit of $89.3 million, or 37 cents per share. Revenue was reported as $3.06 billion.

For the current quarter ending in April, CrowdStrike expects its per-share earnings to range from 89 cents to 90 cents.

The company said it expects revenue in the range of $902.2 million to $905.8 million for the fiscal first quarter.

CrowdStrike expects full-year earnings in the range of $3.77 to $3.97 per share, with revenue ranging from $3.92 billion to $3.99 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRWD at https://www.zacks.com/ap/CRWD