Is CrowdStrike Stock a Buy Now?
(NASDAQ: CRWD) issued its latest earnings report on Aug. 30. For the second quarter of fiscal 2024, which ended on July 31, the cloud-based cybersecurity company's revenue rose 37% year over year to $732 million and surpassed analysts' estimates by $7 million. Its adjusted net income surged 110% to a record high of $180 million, or $0.74 per share, which cleared the consensus forecast by $0.18 per share.
On a generally accepted accounting principles (GAAP) basis, CrowdStrike squeezed out a net profit of $8.5 million, compared to a net loss of $49 million a year earlier. That also marked its second consecutive quarter of GAAP profitability.
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Source Fool.com
CrowdStrike Holdings Inc Stock
€180.02
-0.950%
With 99 Buy predictions and 1 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 196 € there is a slightly positive potential of 8.88% for CrowdStrike Holdings Inc compared to the current price of 180.02 €.
