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.
Investing.com -- Shares in CrowdStrike (NASDAQ:CRWD) jumped more than 6% in premarket U.S. trading on Wednesday after the cybersecurity group raised its full-year guidance and topped first-quarter estimates.
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