CrowdStrike Just Guided for Its Slowest Growth -- Ever

After the market close on Wednesday, (NASDAQ: CRWD) reported the results of its fiscal 2024 first quarter (ended April 30), and by all accounts the results were a mixed bag.

While the cloud-based cybersecurity specialist generated record results in a number of important financial metrics, its outlook left something to be desired. While the company raised its full-year guidance, Wall Street apparently wanted more. Investors responded with a sell-off that drove the stock down as much as 12% in after-hours trading.

Let's look at what the results reveal and what it means for investors.

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Source Fool.com