CrowdStrike Q2 FY25 Earnings Highlights:
CrowdStrike reported strong financial results for the second quarter of FY25, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $1.04, beating the estimate of $0.97. Revenue for the quarter was $963.9 million, slightly above the expected $958.2 million, marking a 32% increase year-over-year. The company’s Annual Recurring Revenue (ARR) also grew by 32% year-over-year, reaching $3.86 billion. Additionally, CrowdStrike reported free cash flow of $272.2 million, a significant 44% increase compared to the previous year.
Q3 and FY25 Guidance:
For the third quarter, CrowdStrike provided guidance with expected revenue ranging from $979.2 million to $984.7 million, which is slightly below the estimated $1.01 billion. The company also expects non-GAAP EPS between $0.80 and $0.81. For the full fiscal year 2025, CrowdStrike projects revenue between $3.89 billion and $3.90 billion, again slightly below the estimated $3.95 billion, with non-GAAP EPS expected to be in the range of $3.61 to $3.65.
CEO Commentary:
The CEO of CrowdStrike emphasized the company’s focus on innovation and improving cybersecurity through their CrowdStrike Falcon platform, which aims to deliver better security outcomes for customers.
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