U.S. markets closed

CrowdStrike: Fiscal 4Q Earnings Snapshot

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRWD at https://www.zacks.com/ap/CRWD