CrowdStrike (CRWD) Q2 Earnings & Revenues Top Estimates, Up Y/Y

2
1
Favorite

CrowdStrike (CRWD) Q2 Earnings & Revenues Top Estimates, Up Y/Y

Zacks2021-09-01

CrowdStrike Holdings CRWD reported second-quarter fiscal 2022 non-GAAP earnings of 11 cents per share, beating the Zacks Consensus Estimate by 22.2%. The bottom line improved from the year-ago quarter...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

AliceQuah
·2021-09-02
Will fly to moon again ?
Reply
3
Report
Fold Replies
- SamLim:
  fly
  2021-09-19
  Reply
  Report
- Joyce5914:
  7. When it comes to trading, the decision of when to buy a stock can sometimes be easier than knowing when is the appropriate time to sell a stock. Due diligence and quality research ????????
  2021-09-07
  Reply
  Report
- YogaOng:
  Nice?
  2021-09-07
  Reply
  Report
View more 2 comments

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2164081370?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/6Q54dXilxvlrE9D8c1D5IQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/IQaOCWeZOPKXMe3bUx_4SQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/378f72e5600b4bd9d0786439a4c8b024","is_english":true,"pubTime":"2021-09-01 21:48","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2164081370","market":"us","top_or_hot":-1,"title":"CrowdStrike (CRWD) Q2 Earnings & Revenues Top Estimates, Up Y/Y","media":"Zacks","content":"<div>\n<p>CrowdStrike Holdings CRWD reported second-quarter fiscal 2022 non-GAAP earnings of 11 cents per share, beating the Zacks Consensus Estimate by 22.2%. The bottom line improved from the year-ago quarter...</p>\n\n<a href=\"https://finance.yahoo.com/news/crowdstrike-crwd-q2-earnings-revenues-134801142.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","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 (CRWD) Q2 Earnings & Revenues Top Estimates, Up Y/Y</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 (CRWD) Q2 Earnings & Revenues Top Estimates, Up Y/Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-01 21:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/crowdstrike-crwd-q2-earnings-revenues-134801142.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CrowdStrike Holdings CRWD reported second-quarter fiscal 2022 non-GAAP earnings of 11 cents per share, beating the Zacks Consensus Estimate by 22.2%. The bottom line improved from the year-ago quarter...</p>\n\n<a href=\"https://finance.yahoo.com/news/crowdstrike-crwd-q2-earnings-revenues-134801142.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QTWO","symbol_name":"Q2 Holdings Inc","start_time":0,"source_url":"https://finance.yahoo.com/news/crowdstrike-crwd-q2-earnings-revenues-134801142.html","article_id":"2164081370","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/6Q54dXilxvlrE9D8c1D5IQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/IQaOCWeZOPKXMe3bUx_4SQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/378f72e5600b4bd9d0786439a4c8b024"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2164081370","pubTimestamp":1630504081,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"CrowdStrike Holdings CRWD reported second-quarter fiscal 2022 non-GAAP earnings of 11 cents per shar","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"QTWO":"Q2 Holdings Inc","CRWD":"CrowdStrike Holdings, Inc.","AMD":"美国超微公司"},"translate_title":"CrowdStrike(CRWD)第二季度收益和收入高于预期，上调Y/Y","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRWD":1,"QTWO":1,"AMD":0.6},"content_text":"CrowdStrike Holdings CRWD reported second-quarter fiscal 2022 non-GAAP earnings of 11 cents per share, beating the Zacks Consensus Estimate by 22.2%. The bottom line improved from the year-ago quarter’s figure of 3 cents.\nThe company added $150.6 million to its net new annual recurring revenue (ARR), which amounted to $1.34 billion, up 70% from the year-ago quarter’s levels.\n \n\nCrowdStrike Holdings Inc. Price, Consensus and EPS Surprise  \nCrowdStrike Holdings Inc. price-consensus-eps-surprise-chart | CrowdStrike Holdings Inc. Quote\n\nTop-Line Details\nCrowdStrike’s fiscal second-quarter revenues of $337.7 million surged 70% year over year and beat the consensus mark of $324 million. Subscription revenues jumped 71% year over year to $315.8 million.\nThe company added 1,660 net new subscription customers during the reported quarter. It had a total of 13,080 subscription customers as of Jul 31, 2021, reflecting year-over-year growth of 81%.\nCrowdStrike’s subscription customers who adopted four or more cloud modules increased to 66%, and those with five or more cloud modules rose to 53%, and for those with six or more cloud modules, the metric jumped to 29% as of Jul 31, 2021.\nRevenues from professional services climbed 48.5% year over year to $21.9 million.\nGeographically, 72% of total revenues stemmed from the United States, 14% came in from Europe, Middle East and Africa, 10% from Asia Pacific and 4% from others.\nOperating Details\nCrowdStrike’s non-GAAP gross margin expanded more than 150 basis points (bps) on a year-over-year basis to 76%. Non-GAAP subscription gross margin was 78%, up 90 bps from the previous year’s reported figure.\nTotal non-GAAP operating expenses, as a percentage of revenues, were 66% compared with the prior-year quarter’s 71%.\nNon-GAAP operating income was $35.3 million compared with $7.8 million in the year-ago quarter. Non-GAAP operating margin for the quarter was 10%, up 600 bps year over year.\nBalance Sheet & Cash Flow\nAs of Jul 31, 2021, cash and cash equivalents were $1.79 billion compared with $1.68 billion as of Apr 30, 2021. CrowdStrike has a long-term debt of $738.8 million.\nDuring the fiscal second quarter, the company generated operating and free cash flows of $108.5 million and $73.6 million, respectively. In the first half of fiscal 2022, free cash flow accounts for 30% of revenues. The company generated operating cash flow of $256 million in the first-half of fiscal 2022.\nOutlook\nBuoyed by the stellar second-quarter performance, CrowdStrike anticipates revenues between $358 million and $365.3 million for third-quarter fiscal 2022. As far as the bottom line is concerned, the company expects to report earnings per share (EPS) between 8 cents and 10 cents.\nNon-GAAP operating income is expected to be $29.4-$34.7 million.\nManagement expects subscription revenue to be the primary growth driver in the third quarter.\nFor fiscal 2022, management raised its revenue guidance in the band of $1,391.2-$1,409.4 million from the previous range of $1,347-$1,365.7 million. The company now anticipates non-GAAP EPS of 43-49 cents instead of 35-41 cents.\nZacks Rank & Stocks to Consider\nCrowdStrike currently carries a Zacks Rank #3 (Hold).\nSome better-ranked stocks in the broader technology sector include Apple AAPL, Advanced Micro Devices AMD and Avnet AVT, all sporting a Zacks Rank #1 (Strong Buy), at present. You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe long-term earnings growth rate for Apple, Advanced Micro Devices and Avnet is currently pegged at 12.7%, 44.6% and 25.4%, respectively.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. \nClick to get this free report\n \n\nApple Inc. (AAPL) : Free Stock Analysis Report\n \n\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\n \n\nAvnet, Inc. (AVT) : Free Stock Analysis Report\n \n\nCrowdStrike Holdings Inc. (CRWD) : Free Stock Analysis Report\n \n\nTo read this article on Zacks.com click here.\n \n\nZacks Investment Research","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":816704201,"gmtCreate":1630532652003,"gmtModify":1676530329392,"author":{"id":"3566963423285739","authorId":"3566963423285739","name":"AliceQuah","avatar":"https://static.tigerbbs.com/ab75773a0b4e08c10b11baaf6a467648","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3566963423285739","idStr":"3566963423285739"},"htmlText":"Will fly to moon again ?","listText":"Will fly to moon again ?","text":"Will fly to moon again ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/816704201","repostId":2164081370,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5918741,"gmtCreate":1632015546479,"gmtModify":1663234091232,"authorId":3564612867752023,"author":{"id":3564612867752023,"idStr":"3564612867752023","authorId":3564612867752023,"name":"SamLim","avatar":"https://static.tigerbbs.com/79cf73cb8f8b744900d546f6d85152ba","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":816704201,"type":1,"supId":0,"prevId":0,"content":"<u>fly</u>","text":"<u>fly</u>","html":"<u>fly</u>"},{"id":5779644,"gmtCreate":1631005274587,"gmtModify":1663233506046,"authorId":4087448384989520,"author":{"id":4087448384989520,"idStr":"4087448384989520","authorId":4087448384989520,"name":"Joyce5914","avatar":"https://static.tigerbbs.com/98c227995f1a2accf642bce8af292e9e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":816704201,"type":1,"supId":0,"prevId":0,"content":"7. When it comes to trading, the decision of when to buy a stock can sometimes be easier than knowing when is the appropriate time to sell a stock. Due diligence and quality research ????????","text":"7. When it comes to trading, the decision of when to buy a stock can sometimes be easier than knowing when is the appropriate time to sell a stock. Due diligence and quality research ????????","html":"7. When it comes to trading, the decision of when to buy a stock can sometimes be easier than knowing when is the appropriate time to sell a stock. Due diligence and quality research ????????"},{"id":5779027,"gmtCreate":1631002605572,"gmtModify":1663233504550,"authorId":3586049970742117,"author":{"id":3586049970742117,"idStr":"3586049970742117","authorId":3586049970742117,"name":"YogaOng","avatar":"https://static.tigerbbs.com/2697866ca4fbb8492b2042994c7bc229","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":816704201,"type":1,"supId":0,"prevId":0,"content":"Nice?","text":"Nice?","html":"Nice?"},{"id":5778740,"gmtCreate":1631000190895,"gmtModify":1663233503628,"authorId":4087448384989520,"author":{"id":4087448384989520,"idStr":"4087448384989520","authorId":4087448384989520,"name":"Joyce5914","avatar":"https://static.tigerbbs.com/98c227995f1a2accf642bce8af292e9e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":816704201,"type":1,"supId":0,"prevId":0,"content":"fly ???","text":"fly ???","html":"fly ???"},{"id":5756758,"gmtCreate":1630807075412,"gmtModify":1663233404642,"authorId":4087448384989520,"author":{"id":4087448384989520,"idStr":"4087448384989520","authorId":4087448384989520,"name":"Joyce5914","avatar":"https://static.tigerbbs.com/98c227995f1a2accf642bce8af292e9e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":816704201,"type":1,"supId":0,"prevId":0,"content":"3. Identifying exit points is key, both to limit downside losses and to take profits before those opportunities disappear.","text":"3. Identifying exit points is key, both to limit downside losses and to take profits before those opportunities disappear.","html":"3. Identifying exit points is key, both to limit downside losses and to take profits before those opportunities disappear."}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}