CrowdStrike Holdings, Inc. ($CRWD) Earnings (Q4 FY22)

CrowdStrike Holdings, Inc. ($CRWD) Earnings and Opinion:


CrowdStrike Holdings, Inc. ($CRWD) is a company that is in the Technology sector and operates in the Software-Infrastructure industry. The company provides cloud-delivered endpoints and cloud workload protection solutions both in the United States and Internationally. CrowdStrike was incorporated in 2011 and is currently headquartered in Austin, Texas. The company was first traded on the stock market in 2019. 

CrowdStrike Holdings, Inc. ($CRWD) EPS and Revenue (Q4 FY22):

  • EPS (Non-GAAP) of $0.30 beating expectations of $0.20
  • Revenue of $431M beating expectations of $412.33M
  • EPS was up 131% (YOY) and Revenue was up 62.7%
CrowdStrike Holdings, Inc. ($CRWD) EPS and Revenue (FY22):
  • EPS(Non-GAAP) of $0.67 beating expectations of $0.58
  • Revenue of $1.45B beating expectations of $1.43B
  • EPS was up 148% (YOY) and Revenue was up 66% (YOY)
CrowdStrike Holdings, Inc. FY23 Guidance:
  • Revenue of $2.13-2.16B
  • Non-GAAP net income of $251-273M
  • Non-GAAP net income per share of $1.03-1.13
Opinion:
CrowdStrike Holdings, Inc. is currently soaring after reporting earnings after the closing bell today. They beat earnings pretty handily and provided a strong outlook for fiscal year 2023. With EPS posting gains of over 100% (YOY) and Revenues jumping also, it is no surprise for the stock to be rewarded with a jump in price. This company is going to be a hot topic for a while, due to the fact of the war that is currently happening overseas. Cybersecurity attacks have started appearing upon companied across the United States coming from Russia. Personally, I do not own a position in this company, but I do believe it is one of the best companies in this sector. I have been keeping a close eye on this company, but just haven't pulled the trigger yet. I would highly recommend taking a position in this company as soon as possible. 


*Information from CrowdStrike and Yahoo Finance
*Estimates from Zacks

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