Categories AlphaGraphs, Earnings, Technology
CRWD Earnings: CrowdStrike Q3 2024 earnings beat; revenue up 35%
Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported stronger-than-expected adjusted earnings for the third quarter of 2024 when the tech firm’s revenues grew by 35%.
Total revenue rose an impressive 35% year-over-year to $786.0 million in the October quarter from $580.9 million last year. Subscription revenue advanced 34%, and Professional Services revenue climbed 57%.
The company’s adjusted earnings more than doubled to $0.82 per share during the three-month period. Earnings also topped expectations. Net income attributable to CrowdStrike, on an unadjusted basis, was $26.7 million or $0.11 per share in Q3, compared to a loss of $55.0 million or $0.24 per share in the third quarter of fiscal 2023.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Take-Two Interactive Software (TTWO): Key takeaways from the Q4 2024 earnings report
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed green on Friday. The stock has gained 7% over the past 12 months. The company reported its fourth quarter 2024 earnings
Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02
Applied Materials (AMAT) Earnings: 2Q24 Key Numbers
Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS
