CRWD Sep 2024 150.000 put
- Yahoo Finance Video
CrowdStrike stock pops after raising full-year guidance
CrowdStrike (CRWD) reported strong first quarter results, beating expectations for both revenue and profits. The cybersecurity company saw its subscription revenue increase by 34% year over year and raised its full-year guidance — boosting shares during Wednesday's trading session. Yahoo Finance's Brad Smith and Madison Mills break down the details For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance Video
CrowdStrike earnings top estimates, raises full-year guidance
CrowdStrike Holdings (CRWD) reported first quarter results that topped analyst estimates on both the top and bottom lines. Adjusted earnings per share of $0.93 topped analyst estimates of $0.90. Revenue of $921.0 million was better than the $904.7 million estimate. The cybersecurity company raised its full-year earnings and revenue guidance. It also issued better-than-expected second quarter guidance. For Q2, CrowdStrike sees adjusted earnings per share of $0.98 to $0.99 versus the $0.91 estimate. It expects to report revenue in a range of $958.3 million to $961.2 million compared to the $954.6 million estimate. Yahoo Finance's Julie Hyman and Josh Lipton break down the company's Q1 results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
- Investor's Business Daily
Nasdaq, S&P 500 Hit All-Time Highs; Chip Stock ASML, Apple Rise Past Buy Points
Chip stocks held their place among the top-performing industry groups during afternoon action as some key indexes marked all-time highs in the stock market today. Around 2:45 p.m. ET, the Nasdaq composite led the upside with a 1.6% rise. At 17,142, the tech-weighted index made an all-time high and holds a 2.4% gain for the week.
