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CrowdStrike shares surge on earnings beat, strong full-year guidance - TL;DR CNBC

CrowdStrike shares surge on earnings beat, strong full-year guidance

Publishing timestamp: 2024-03-05 17:32:02


Summary

CrowdStrike shares surged after strong beat on top and bottom lines, with GAAP net income reported for past four quarters. Management reiterated goal of $10 billion in annual recurring revenue by 2030. Acquisition of Flow Security announced. Guidance for upcoming quarter and full year stronger than expected.


Sentiment: POSITIVE

Tickers: CRWD

Keywords: earningsbusiness newsbreaking news: technologycrowdstrike holdings inccybersecurityenterprise

Source: https://www.cnbc.com/2024/03/05/crowdstrike-shares-pop-on-earnings-beat-strong-full-year-guidance.html


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