Investing.com -- CrowdStrike reported Tuesday better-than-expected fourth-quarter results, but the cybersecurity firm's current-quarter guidance fell short of estimates.
CrowdStrike Holdings Inc (NASDAQ:CRWD) fell 5% in afterhours trading following the report.
The company reported adjusted EPS of $1.03 on revenue of $682 million, above estimates of $0.86 and $668.9M, respectively.
Annual recurring revenue – a gauge of the performance of its subscription businesses – rose 23% in Q4 year over year.
For the current quarter, adjusted per-share income, which strips out one-time items, is seen at $0.64 to $0.66, missing Wall Street projections of $0.96. Revenue was seen in a range of $1.1B to $1.11B, which was slightly below estimates for $1.1B.
Full-year adjusted diluted net income per share was also forecast to be in a range of $3.33 to $3.45, while revenue was seen at $4.74B to $4.81B.
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