Why CrowdStrike Stock Is Soaring Today
(NASDAQ: CRWD) stock is seeing big gains in Wednesday's trading. The cybersecurity specialist's share price was up 10% as of 1:45 p.m. ET, according to data from S&P Global Market Intelligence.
After the market closed yesterday, CrowdStrike published results for the third quarter of its current fiscal year. For the quarter, which ended Oct. 31, the business posted non-GAAP (adjusted) earnings per share of $0.82 on revenue of $786 million. Meanwhile, the average analyst estimate had called for the business to report per-share earnings of $0.74 on sales of roughly $777.4 million.
CrowdStrike delivered strong beats with its top- and-bottom-line performance in Q3. Sales climbed roughly 34% year over year in the period, and adjusted earnings per share were up 85% compared to last year's quarter.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 162 Buy predictions and 1 Sell predictions CrowdStrike Holdings Inc is one of the favorites of our community.
With a target price of 323 € there is a positive potential of 28.71% for CrowdStrike Holdings Inc compared to the current price of 250.95 €.
