Andrew Kessel
1 min read
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CrowdStrike (CRWD) delivered a quarterly outlook that fell short of analysts' expectations, sending shares lower in extended trading Tuesday after the stock closed at a record high.
The cybersecurity firm said it expects fiscal second-quarter revenue of $1.14 billion to $1.15 billion, below the analyst consensus of $1.16 billion compiled by Visible Alpha.
CrowdStrike shares slipped more than 6% in after-hours trading. The stock was up about 43% for 2025 through the closing bell.
CrowdStrike maintained its full-year revenue projection of $4.74 billion to $4.81 billion, and raised its adjusted earnings per share estimate to $3.44 to $3.56. Wall Street had called for $4.79 billion and $3.45 per share, respectively.
In its fiscal first quarter, CrowdStrike posted revenue of $1.1 billion, up 20% year-over-year and roughly in-line with the analyst consensus. Its adjusted net income of $184.7 million, or 73 cents per share, fell from $196.8 million, or 79 cents per share, in the year-ago quarter, but beat estimates.
CrowdStrike also said its board of directors approved a share repurchase program of up to $1 billion.
The results are the company's first since CrowdStrike said last month it planned to cut roughly 500 jobs, or 5% of its workforce.
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