Crowdstrike CEO George Kurtz speaks at the Tech Live Conference on the Wall Street Journal Laguna Beach, California on October 21, 2019.
Martina Albertazzi | Bloomberg | Getty Images
Crowd Stocks are 10% fell after Giving weak guidelines As the company signaled constant pressure from its Global IT interruption that has withdrawn in July.
Cyber-safety software provider said he expects earnings in the first quarter to start between 64 cents and 66 cents per share, compared to an average estimate of a 95 cento fact. Crowdstrike projects earnings for a year that it ranges between $ 3.33 and $ 3.45 per share, excluding items. It fell to a shorter $ 4.42, which are analysts who surveyed LSEG.
During this period, Crowdstrike recorded a net loss of $ 92.3 billion, or $ 37 per share, compared to a net revenue of $ 53.7 million or 22 cents per share, in the period before before. The company also reported the cost of $ 21 million from the costs associated with incidents and $ 49.9 million in tax -related tax costs.
The company also announced that another $ 73 million costs for the first quarter that was due to its update in July, which encouraged the global interruption of IT, based on flights and disrupted by companies. Crowdstrike projects an additional $ 43 million costs due to some of the contracts offered in his awakening.
The disadvantage also aspired on the margins of free cash flow, which Crowdstrike said at the invitation that he expected to return to 30% or more in the fiscal 2027.
Many on Wall Street expect the winds of July edition to start stopping in the new fiscal year, and Bernstein’s Peter Weed expected the retrieved of the retaliation rate in the new fiscal year.
“Although the FY26 leadership marked the conservative beginning of the year, in our opinion, we expect the administration to set a stage to return to the cadence of the rhythm and the rebellion we saw before the interruption,” wrote JPMORGAN’s Brian Essex.
Crowdstrike’s disappointing guideline moved better than expected results in the fourth quarter. The company announced an earnings of $ 1.03 per share at $ 1.06 billion in revenue and announced that the revenue had increased by 25% compared to the year.
Executive director and founder George Kurtz called the company “The Story of Return” at a conference call with analysts on Tuesday.
“I am extremely proud of the engagement we had with customers, partners, the prospects on the market that went for a year that tested the crowd,” he said. “Q4 shows the fruits of our work, providing me with a strong belief in our AI’s, one platform, excellent performance and acceleration of market opportunities.”
