Despite uneven macros, CrowdStrike Holdings Inc. (NASDAQ:CRWD) delivered good results yesterday, with momentum across large deals, partnerships, new products while achieving GAAP profitability.
Q1 EPS came in at $0.57, better than the Street estimate of $0.51, and revenue of $692.6 million, beating the Street estimate of $677.39 million.
Management expects Q2/24 EPS in the range of $0.54-$0.57, compared to the Street estimate of $0.54, and revenue in the range of $717.2-$727.4 million, compared to the Street’s estimate of $718.9 million.
For the full 2024 year, the company expects EPS in the range of $2.32-$2.43, compared to the Street estimate of $2.32, and revenue of $3.0005-$3.0367 billion, compared to the Street estimate of $2.96 billion.
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