CrowdStrike Holdings, Inc. crashed over 10% in premarket trading after its less-than-perfect earnings outlook.
It reported fiscal first-quarter net income of $491,000, or less than a penny a share, compared with a loss of $31.5 million, or 14 cents a share, in the year-ago period.
It forecast adjusted fiscal second-quarter earnings of 54 cents to 57 cents a share on revenue of $717.2 million to $727.4 million, for the year, the company forecast an adjusted-earnings range of $2.32 to $2.43 a share on revenue of $3 billion to $3.04 billion.
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