CrowdStrike Holdings Q3 EPS $0.82 Beats $0.74 Estimate, Sales $786.00M Beat $777.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike Holdings (CRWD) reported Q3 earnings of $0.82 per share, surpassing the consensus estimate of $0.74 by 10.81%. Year-over-year, earnings jumped 105% from $0.40 per share. Quarterly sales reached $786.00M, exceeding estimates of $777.13M by 1.14% and marking a 35.31% increase from the previous year's $580.88M.
November 28, 2023 | 9:09 pm
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POSITIVE IMPACT
CrowdStrike Holdings reported strong Q3 earnings and sales, beating analyst estimates with significant year-over-year growth.
CrowdStrike's earnings and sales beat is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price. The substantial year-over-year growth in both earnings and sales indicates strong business performance and may boost investor confidence.
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