The plunge is the work of shor

2022-11-30

The plunge is the work of short sellers. Take the lower range of revenue forecast of Q4 at 619 mil. It is only 13 mil below analyst expectation n the stock plunged 20% equals to 6.4B. The maths doesnt add up

CrowdStrike Plunged 20% on Current-Quarter Revenue Forecast Below Estimates

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Smelly Tiger
2022-11-30
Smelly Tiger
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It is only 13 mil below analyst expectation n the stock plunged 20% equals to 6.4B. The maths doesnt add up</p></body></html>","text":"The plunge is the work of short sellers. Take the lower range of revenue forecast of Q4 at 619 mil. It is only 13 mil below analyst expectation n the stock plunged 20% equals to 6.4B. The maths doesnt add up","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9962539967","repostId":1128640751,"repostType":2,"repost":{"id":"1128640751","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1669799058,"share":"https://www.laohu8.com/m/news/1128640751?lang=&edition=full","pubTime":"2022-11-30 17:04","market":"us","language":"en","title":"CrowdStrike Plunged 20% on Current-Quarter Revenue Forecast Below Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1128640751","media":"Tiger Newspress","summary":"CrowdStrike Holdings Inc on Tuesday forecast fourth-quarter revenue below Wall Street estimates, as ","content":"<html><head></head><body><p>CrowdStrike Holdings Inc on Tuesday forecast fourth-quarter revenue below Wall Street estimates, as an economic downturn hit spending for its cyber security services.</p><p>Shares of the Austin, Texas-based company fell more than 20% in premarket trading.<img src=\"https://static.tigerbbs.com/b63490b1b9201cfb37c1fd44bb4c7ffc\" tg-width=\"779\" tg-height=\"664\" width=\"100%\" height=\"auto\"/>The company expects revenue between $619.1 million and $628.2 million, compared with analysts&#39; average estimate of $632.8 million, according to Refinitiv IBES data.</p><p>CrowdStrike also said increased macroeconomic headwinds elongated sales cycles with smaller customers, and caused some larger ones to pursue multi-phase subscription start dates, which delays annual recurring revenue <a href=\"https://laohu8.com/S/ARR\">$(ARR)$</a> recognition until future quarters.</p><p>Total revenue for the third quarter was $580.8 million.</p><p>On an adjusted basis, the company earned 40 cents for the quarter ended Oct. 31, compared to estimates of 31 cents.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CrowdStrike Plunged 20% on Current-Quarter Revenue Forecast Below Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrowdStrike Plunged 20% on Current-Quarter Revenue Forecast Below Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-30 17:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>CrowdStrike Holdings Inc on Tuesday forecast fourth-quarter revenue below Wall Street estimates, as an economic downturn hit spending for its cyber security services.</p><p>Shares of the Austin, Texas-based company fell more than 20% in premarket trading.<img src=\"https://static.tigerbbs.com/b63490b1b9201cfb37c1fd44bb4c7ffc\" tg-width=\"779\" tg-height=\"664\" width=\"100%\" height=\"auto\"/>The company expects revenue between $619.1 million and $628.2 million, compared with analysts&#39; average estimate of $632.8 million, according to Refinitiv IBES data.</p><p>CrowdStrike also said increased macroeconomic headwinds elongated sales cycles with smaller customers, and caused some larger ones to pursue multi-phase subscription start dates, which delays annual recurring revenue <a href=\"https://laohu8.com/S/ARR\">$(ARR)$</a> recognition until future quarters.</p><p>Total revenue for the third quarter was $580.8 million.</p><p>On an adjusted basis, the company earned 40 cents for the quarter ended Oct. 31, compared to estimates of 31 cents.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128640751","content_text":"CrowdStrike Holdings Inc on Tuesday forecast fourth-quarter revenue below Wall Street estimates, as an economic downturn hit spending for its cyber security services.Shares of the Austin, Texas-based company fell more than 20% in premarket trading.The company expects revenue between $619.1 million and $628.2 million, compared with analysts' average estimate of $632.8 million, according to Refinitiv IBES data.CrowdStrike also said increased macroeconomic headwinds elongated sales cycles with smaller customers, and caused some larger ones to pursue multi-phase subscription start dates, which delays annual recurring revenue $(ARR)$ recognition until future quarters.Total revenue for the third quarter was $580.8 million.On an adjusted basis, the company earned 40 cents for the quarter ended Oct. 31, compared to estimates of 31 cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":167,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105008983,"gmtCreate":1669801412735,"gmtModify":1669801425708,"authorId":3565093231884966,"author":{"id":3565093231884966,"authorId":3565093231884966,"name":"Smelly Tiger","avatar":"https://static.tigerbbs.com/eb090d0ef806d1ab6ea260cffcde7569","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9962539967,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">👍</span>","text":"<span class=\"s1\">👍</span>","html":"<span class=\"s1\">👍</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9962539967"}