Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is CrowdStrike Stock a Buy Now?

TheMotleyFool

0 0

Is CrowdStrike Stock a Buy Now?: https://g.foolcdn.com/editorial/images/698794/it-security-employee.jpg

CrowdStrike (NASDAQ: CRWD) posted its second-quarter report on Aug. 30. The cloud-based cybersecurity company's revenue rose 58% year over year to $535.2 million, which beat analysts' expectations by $18.7 million.

Its adjusted net income jumped 232% to $85.9 million, or $0.36 per share, which also cleared the consensus forecast by $0.09. On the basis of generally accepted accounting principles (GAAP), it narrowed its net loss from $57.3 million to $49.3 million, or $0.21 per share.

Image source: Getty Images.

Source Fool.com

Like: 0

CRWD

Share