By Dean Seal
CrowdStrike Holdings swung to a second-quarter loss and guided for lower third-quarter revenue than Wall Street anticipated, while lifting its full-year adjusted earnings outlook.
The cybersecurity company said after the closing bell Wednesday that it delivered record second-quarter net new annual recurring revenue and exceeded internal expectations across several metrics.
CrowdStrike posted a quarterly loss of $77.7 million, or 31 cents a share, compared with a profit of $47 million, or 19 cents a share, in the same quarter a year earlier.
Stripping out one-time items, adjusted earnings were 93 cents a share, beating analyst forecasts by a dime, according to Factset.
Revenue was up 21% at $1.17 billion for the quarter-ended July 31, ahead of analyst projections for $1.15 billion, according to FactSet.
For the third quarter, CrowdStrike said it expects revenue of $1.21 billion to $1.22 billion and adjusted earnings of 93 cents to 95 cents a share. Analysts were expecting revenue of $1.23 billion and adjusted earnings per share of 91 cents.
CrowdStrike nudged the low-end of its full-year revenue guidance up to $4.75 billion from $4.74 billion, and said adjusted earnings for fiscal 2026 would be $3.60 to $3.72 a share, up from $3.44 to $3.56 a share previously.
The stock declined 6.7% to $394.40 in trading after hours.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
August 27, 2025 16:49 ET (20:49 GMT)
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