CrowdStrike Holdings, Inc. (CRWD) reported non-GAAP earnings of 93 cents per share in the third quarter of fiscal 2025, which surpassed the Zacks Consensus Estimate by 14.8% and came ahead of management’s guidance of 80-81 cents.CRWD reported non-GAAP earnings of 82 cents in the year-ago quarter. The robust bottom-line performance was mainly driven by higher revenues.CRWD’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 10.32%.Find the latest EPS ...

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Shares of CrowdStrike Holdings Inc CRWD closed at $364.3 apiece on Tuesday and fell by more than 5% in premarket trading on Wednesday.Technical analysis pointed towards a bullish trend after the Texas-based cybersecurity technology company reported its third-quarter earnings.What Happened: Despite the fallout from a faulty software update in July, the company reported its highest-ever revenue in the third quarter, surpassing the $1 billion mark, beating the consensus estimate of $982.36 million, curated by ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________________________________________________________ FORM 10-Q ___________________________________________________________________________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE S ...

Financial Data and Key Metrics - Ending ARR surpassed $4 billion, growing 27% YoY to $4.02 billion, with $153 million net new ARR added in Q3 [61] - Q3 revenue exceeded $1 billion for the first time, with subscription revenue growing 31% YoY to $962.7 million [12][66] - Free cash flow was $231 million, or 23% of revenue, achieving a Rule of 51 on a free cash flow basis [12][69] - Gross retention rate remained resilient at over 97%, with a slight decrease of less than 0.5 percentage points [14][63] - Dollar-based net retention rate was 115%, reflecting customer commitment to the Falcon platform [15][63] Business Line Performance - Falcon Flex subscription model drove significant adoption, with over 150 deals closed in Q3, representing more than $600 million in total deal value [13][21] - Falcon Next-Gen SIEM saw net new ARR growth accelerating to over 150% YoY, with 30 million Fusion SOAR workflows per week and over 2,000 customers [44] - Identity Protection business expanded with the acquisition of Adaptive Shield, enhancing SaaS posture management and identity security [13][35][41] - Charlotte AI, the company's AI agent, achieved triple-digit growth in Q3, driven by customer demand for automation and time savings [49] Market Performance - Healthcare vertical had a record quarter, driven by increased cybersecurity investments due to heightened attacks [16] - Corporate sales team covering organizations below 2,500 employees had their largest quarter ever, benefiting from Falcon Flex and competitive takeouts [16] - Falcon Flex adoption accelerated globally, with accounts adopting the model now representing more than $1.3 billion in total deal value [21][24] Strategic Direction and Industry Competition - CrowdStrike is focused on platform consolidation, innovation, and customer trust, with Falcon Flex driving rapid adoption and measurable ROI [9][10][18] - The acquisition of Adaptive Shield strengthens the company's cloud and identity security offerings, positioning it as a leader in SaaS posture management [13][35] - CrowdStrike continues to lead in AI-powered cybersecurity, with innovations in cloud security, identity protection, and Next-Gen SIEM [10][34][45] - The company's competitive win rates remain consistent or trending upwards, with larger deal sizes attributed to platform evolution and brand recognition [18] Management Commentary on Operating Environment and Future Outlook - Management highlighted the importance of trust, platform adoption, and innovation in driving customer obsession and strong execution [10] - The company remains focused on reaccelerating net new ARR growth starting in the back half of FY 2026, driven by Falcon Flex and increased module adoption [65][71] - CrowdStrike is committed to achieving $10 billion in ending ARR by FY 2031 and a free cash flow margin target between 34% and 38% by FY 2029 [76] Other Important Information - CrowdStrike hosted its largest-ever Fal.Con event, with 6,000 attendees from over 60 countries, showcasing the strength of its ecosystem [19][20] - The company announced a strategic partnership with Fortinet, further expanding its reach in the SMB market [51] - CrowdStrike Financial Services (CFS) closed over $49 million in deal value in its first quarter, including two eight-figure deals [31] Q&A Session Summary Question: Security spending outlook for next year - Customers are prioritizing the best products and platforms to stop breaches and consolidate cybersecurity tools, driven by a worsening threat environment and regulatory pressures [90][91] Question: ARR seasonality in Q4 - Limited visibility due to the July 19th incident and customer commitment packages makes it difficult to predict Q4 net new ARR seasonality [95][96] Question: Customer churn and adoption trends - Churn is minimal among larger customers, with strong adoption driven by the Falcon platform's value and the company's response to the July 19th incident [100][101] Question: Agentic AI and Charlotte AI - Charlotte AI is designed to go beyond a copilot, performing tasks autonomously and significantly improving SOC efficiency [104][105] Question: Factors impacting Q4 performance - Extended sales cycles, customer commitment packages, and muted upsell rates are expected to impact Q4 performance [109][110] Question: Falcon Flex deal duration - Falcon Flex deals are trending longer, contributing to increased customer stickiness and platform adoption [115] Question: Falcon Flex and ARR reacceleration - Falcon Flex is driving larger deals and faster module adoption, setting the stage for ARR reacceleration in the back half of FY 2026 [119] Question: Next-Gen SIEM competitive landscape - CrowdStrike's Next-Gen SIEM offers unmatched speed, scalability, and cost efficiency, driving customer adoption and displacing legacy SIEM vendors [123][124] Question: Falcon Flex and customer retention - Falcon Flex increases platform stickiness as customers adopt more modules, making it harder to leave the platform [128] Question: RPO growth and revenue recognition - Strong RPO growth reflects longer deal durations and customer commitment packages, with revenue recognition expected to lag in the short term [133] Question: ARR and revenue divergence - The temporary divergence between ARR and revenue is due to customer commitment packages, with ARR impacted more immediately than revenue [136]

For the quarter ended October 2024, CrowdStrike Holdings (CRWD) reported revenue of $1.01 billion, up 28.5% over the same period last year. EPS came in at $0.93, compared to $0.82 in the year-ago quarter.The reported revenue represents a surprise of +2.84% over the Zacks Consensus Estimate of $982.26 million. With the consensus EPS estimate being $0.81, the EPS surprise was +14.81%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...

CROWDSTRIKE Financial Results Q3 FY 2025 ® CrowdStrike, Inc. All rights reserved. Safe Harbor This presentation includes express and implied "forward-looking statements", including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, and in some cases, can be identified by terms such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," "may," " ...

CrowdStrike Holdings (CRWD) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.81%. A quarter ago, it was expected that this cloud-based security company would post earnings of $0.98 per share when it actually produced earnings of $1.04, delivering a surprise of 6.12%.Over the last fo ...

CrowdStrike (CRWD) swung to an unexpected loss in the third quarter as expenses rose, despite revenue gains that topped analysts' estimates. The cybersecurity giant posted third-quarter revenue of $1.01 billion, up 29% year-over-year and above the analyst consensus compiled from Visible Alpha. However, the company posted a loss of $16.82 million or 7 cents per share, compared to a profit of $26.67 million or 11 cents per share a year earlier, falling short of expectations as costs surged. CrowdStrike Stil ...