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Indebta > Investing > CrowdStrike stock drops more than 10% after less-than-perfect earnings outlook
Investing

CrowdStrike stock drops more than 10% after less-than-perfect earnings outlook

News Room
Last updated: 2023/06/01 at 1:19 AM
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CrowdStrike Holdings Inc. shares fell in the extended session Wednesday after the cybersecurity company’s forecast failed to wow Wall Street.

CrowdStrike shares CRWD dropped nearly 12% after hours, following a 1% rise in the regular session to close at $160.13. The software company’s executives forecast adjusted fiscal second-quarter earnings of 54 cents to 57 cents a share on revenue of $717.2 million to $727.4 million, while analysts forecast earnings of 55 cents a share on revenue of $718.6 million, according to analysts…

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News Room June 1, 2023 June 1, 2023
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