CrowdStrike Holdings Sees FY24 EPS $2.80-$2.84 Vs $2.39 Est.; Revenue $3.03B-$3.04B Vs $3.02B Est.
Portfolio Pulse from Happy Mohamed
CrowdStrike Holdings has increased its guidance for FY24, expecting EPS of $2.80-$2.84, up from the estimated $2.39, and revenue of $3.03B-$3.04B, slightly above the estimated $3.02B. The company's Q3 FY24 guidance includes total revenue of $775.4M-$778.0M and non-GAAP net income of $179.8M-$181.8M.
August 30, 2023 | 8:08 pm
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POSITIVE IMPACT
CrowdStrike's raised guidance for FY24, with higher EPS and revenue estimates, could positively impact its stock in the short term.
CrowdStrike's raised guidance indicates the company's strong performance and positive outlook, which could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100