SUNNYVALE, Calif. (AP) _ CrowdStrike Holdings Inc. (CRWD) on Tuesday reported a loss of $19.2 million in its fiscal first quarter.
The Sunnyvale, California-based company said it had a loss of 9 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 2 cents per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The cloud-based security company posted revenue of $178.1 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $165.9 million.
For the current quarter ending in August, CrowdStrike said it expects revenue in the range of $185.8 million to $190.3 million.
The company expects full-year results to range from a loss of 8 cents per share to a loss of 5 cents per share, with revenue ranging from $761.2 million to $772.6 million.
CrowdStrike shares have increased 85% since the beginning of the year.