CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is expected to report second quarter earnings results, after market close, on Wednesday 2nd September 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.01 per share.
Looking ahead, the full year loss are expected at $ 0.04 per share on the revenues of $ 772.47 million.
The Company Outlook
Revenue for 2Q21 are expected in a range of $ 185.80 million ~ $ 190.30 million
Full Year 2021 topline are forecasted in a range of$ 761.20 million ~ $ 772.60 million, where as bottomline are predicted in a range of $ -0.08 ~ $ -0.05 per share
Click Here For More Historical Outlooks Of CrowdStrike Holdings, Inc.
Previous Quarter Performance
CrowdStrike Holdings, Inc. reported income for the first quarter of $ 0.02 per share, from the revenue of $ 178.08 million. The quarterly revenues up 85.35 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.06 per share from $ 165.30 million in revenue. The bottom line results beat street analysts by $ 0.08 or 133.33 percent, at the same time, top line results outshined analysts by $ 12.78 million or 7.73 percent.
Stock Performance
Shares of CrowdStrike Holdings, Inc. traded up $ 16.15 or 12.85 percent on Tuesday, reaching $ 141.88 with volume of 10.88 million shares. The stock opened positive for the day at $ 134.44, after closing the previous day trading at $ 125.73.
According to the previous trading day, closing price of $ 125.73, representing a 293.52 % increase from the 52 week low of $ 31.95 and a 12.34 % decrease over the 52 week high of $ 143.43.
The company has a market capital of $ 30.65 billion and is part of the Technology sector and Software – Infrastructure industry.
Recent Analyst recommendations
- On 14th August 2020, initiated by UBS Group at Buy rating, with $ 120.00 target price.
Conference Call
CrowdStrike Holdings, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd September 2020, to discuss its 2Q21 financial results with the investment community. The participants may dial, 409-937-8967 (United States), when prompted, enter passcode 4357766 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/hebz8sfw
CrowdStrike Holdings, Inc. develops security solutions in the United States. It offers Falcon platform, a cloud based security solution that protects workloads across on-premise, virtualized, and cloud-based environments running on various endpoints, such as laptops, desktops, servers, virtual machines, and IoT devices.
