SUNNYVALE, Calif. (AP) _ CrowdStrike Holdings Inc. (CRWD) on Thursday reported a loss of $28.4 million in its fiscal fourth quarter.
The Sunnyvale, California-based company said it had a loss of 14 cents per share. Losses, adjusted for stock option expense and amortization costs, were 2 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The cloud-based security company posted revenue of $152.1 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $137.6 million.
For the year, the company reported a loss of $141.8 million, or 96 cents per share. Revenue was reported as $481.4 million.
For the current quarter ending in May, CrowdStrike expects its results to range from a loss of 7 cents per share to a loss of 6 cents per share.
The company said it expects revenue in the range of $164.3 million to $167.6 million for the fiscal first quarter.
CrowdStrike expects full-year results to range from a loss of 14 cents per share to a loss of 10 cents per share, with revenue ranging from $723.3 million to $733.5 million.
CrowdStrike shares have decreased 16% since the beginning of the year.