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StockBeat - CrowdStrike Shows Cybersecurity Prowess in Maiden Results; Shares Jump
29 days ago | By FXCM
Investing.com - CrowdStrike soared Friday as traders cheered the cybersecurity company's upbeat outlook and revenue that more doubled in the fiscal first quarter from a year earlier.
CrowdStrike said it expects a loss of 24 to 23 cents per share in its fiscal second quarter on $103 million to $104 million in revenue. That would represent a marked improvement from results in the fiscal first quarter. CrowdStrike jumped 16%.
The cybersecurity company delivered a loss of $0.47 a share in the quarter, in line with consensus estimates from Investing.com, while revenues of $96.1 million, up from...
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