$CrowdStrike (CRWD.US)$stock is trading more than 5% lower Wednesday after the company reported third-quarter financial results after the bell Tuesday.
On Tuesday, CrowdStrike reported third-quarter revenue of $1.01 billion, up 29%, beating the consensus estimate of $982.36 million. The company reported adjusted EPS of $0.93, beating analyst estimates of $0.81. Annual recurring revenue increased 27% to $4.02 billion.
CrowdStrike expects fourth-quarter revenue of $1.029 billion—$1.035 billion, versus estimates of $1.03 billion. The company anticipates fourth-quarter adjusted EPS of $0.84—$0.86 versus estimates of $0.86.
CrowdStrike now expects full-year revenue of $3.924 billion—$3.931 billion, compared to estimates of $3.897 billion. The company also expects full-year EPS of $3.74—$3.76, compared to estimates...
