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CEO Crowdstrike George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna -Bich, California, October 21, 2019.
Martin Albertatsi | Bloomberg | Gets the image
Crowdstrike Stock after falling 9% after Issuing weak recommendations on income Because the company signaled the constant pressure from its Global IT -Disclosure that knocked the enterprises in July.
Cybersecurity software provider said he expects the profits in the first quarter to be made between 64 cents and 66 cents per share, and compared to the average FACTSET 95 cents. Crowdstrike predicts profit per year, which is from 3.33 to $ 3.45 per share except. Analysts who interrogated LSEG fell $ 4.42.
For the fourth quarter of the financial, Crowdstrike has published a net loss of $ 92.3 billion, or 37 cents per share, compared to net profit of $ 53.7 million, or 22 cents per share. The company also reported $ 21 million due to the cost of incidents and $ 49.9 million tax expenses.
The company also stated that it suggests another $ 73 million for the first quarter as a result of its update in July, which caused the global shutdown of information technology, justified flights and violated enterprises. Crowdstrike passed an additional $ 43 million costs from some transactions offered by it.
Disabling also weighed on free profitability of cash flows, about which Crowdstrike said it counts back to 30% and more in the financial 2027.
Many at Wall -Rate expected that from July from July will start peace in the new financial year, and Peter Bernstein Peter Pueed expects that the new financial year awaits the pure level of Crowdstrike.
“Although the FY26 leadership noted the conservative beginning of the year, in our opinion, we expect the leadership to create the basis for returning to the cadence, which we saw before disconnection,” wrote Brian Essex Jpmorgan.
The disappointing Crowdstrike recommendations are better than expected, the results of the financial fourth quarter. The company outlined a $ 1.03 profit per share for $ 1.06 billion and said the revenue increased by 25% compared to a year ago.
Founder and CEO George Kurtz named the company “return history” at a conference with analysts on Tuesday.
“I am extremely proud that we had with customers, partners, prospects in the market that has been checking the Crowdstrike,” he said. “Q4 demonstrates the fruits of our work, giving me a strong conviction in our ai-native, the only platform, excellent performance and acceleration of market capabilities.”