Cybersecurity
CrowdStrike Soars Most in Four Years After Strong Results
- Revenue and profit forecasts topped analysts’ estimates
- Firm credited strategy of offering products on one platform
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CrowdStrike Holdings Inc. surged the most in four years — hitting a record high — after the cybersecurity company reported fourth-quarter results that were better than expected and gave an optimistic outlook for the current period.
The company is anticipating earnings per share of 89 cents to 90 cents in the three months ending in March, beating the average analyst forecasts for 82 cents. It sees revenue of $902.2 million to $905.8 million, also surpassing estimates.