(NASDAQ: CRWD) stock is gaining ground in Thursday's trading. The cybersecurity specialist's share price was up 5% as of 12:15 p.m. ET, according to data from S&P Global Market Intelligence.

CrowdStrike reported results for the second quarter of its fiscal year after the market closed yesterday. The company's performance was under the microscope after a bug in one of its software updates resulted in widespread computer outages last month. Nevertheless, the business delivered results that beat Wall Street's expectations.

CrowdStrike reported non-GAAP (adjusted) earnings per share of $1.04 on sales of $963.87 million in fiscal Q2, which ended July 31. Meanwhile, the average analyst estimate had called for the business to post adjusted earnings of $0.97 per share on revenue of $958.32 million.

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Source Fool.com