CEO Chamdstrike George Courts speaks at the Wall Street Journal Technology Conference in Laguna Beach, California, on October 21, 2019.
Martina Albertzi Bloomberg Gety pictures
Crowdstrike The shares decreased by 9 % yet Issuing weak profit guidelines The company also pointed to constant pressure from The global information technology interruption that rocked companies in July.
The provider of cybersecurity said he expected the profits of the first quarter of the first quarter of 64 cents and 66 cents per share, compared to the average Facts estimates of 95 cents. Crowdstrike ranges from the profits of the year ranging from $ 3.33 and $ 3.45 per share, with the exception of the elements. This decreased to $ 4.42 expected by LSEG analysts.
For the fourth financial quarter, Crowdstrike recorded a net loss of 92.3 billion dollars, or 37 cents per share, for the net income of $ 53.7 million, or 22 cents per share, in the previous period of the year. The company also told $ 21 million in accidents related to accidents and $ 49.9 million of tax expenditures associated with acquisitions.
The company also said that it expects other expenses of $ 73 million for the first quarter resulting from its modernization in July, which stimulated a global interruption in the interruption of information technology, institutional trips and broken companies. Crowdstrike offers an additional $ 43 million in costs due to some packages of the deals provided in their wake.
The power outages were also documented on free cash flow margins, which Crowdstrike said at a phone conference with analysts on Tuesday, and is expected to return to 30 % or more in the fiscal year 2027.
Many people in Wall Street expect opposite winds from the July issue to start to decline in the new fiscal year, where Peter Wade expects from Bernstein to obtain a pure retaining rate in Berndstrike in the new fiscal year.
“Although the 26th fiscal guidelines were the beginning of this year, we expect the administration to put this stage to return to the rhythm of the pulse that we saw before the power outage,” wrote Brian Esix of JPMORGAN.
Crowdstrike’s disappointing guidelines for the fourth -quarter expected results. The company has published a modified profit of $ 1.03 per share on $ 1.06 billion in revenue and said that the revenues grew by 25 % from last year.
The founder and CEO George Courts described the company as a “story of return” about the collective call.
“I am very proud of the participation we have passed with with customers, partners and prospects in the market that is transporting a year, I tested Crowdstrike,” he said. “Q4 offers the fruits of our work, giving me a strong condemnation on the Amnesty International platform, the individual platform, excellent implementation, and the accelerating market opportunity.”
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