Tags: crowdstrike | earnings

CrowdStrike's Q3 Revenue Forecast Disappoints

CrowdStrike's Q3 Revenue Forecast Disappoints
(Richard Drew/AP)

Wednesday, 27 August 2025 04:52 PM EDT

CrowdStrike forecast for third-quarter revenue disappointed Wednesday, a sign of cautious spending by clients facing economic uncertainty, sending its shares down nearly 7% in extended trading.

The cybersecurity company expects current-quarter revenue to be between $1.21 billion and $1.22 billion, broadly in line with analysts' average estimate of $1.23 billion, according to data compiled by LSEG.

The company has said some customers were taking longer to approve deals and were relying on previously granted support programs following last year's Windows outage, creating a short-term gap between contracted business and revenue recognition.

Its second-quarter revenue rose 21% to $1.17 billion, beating analysts' estimates of $1.15 billion.

The adjusted profit of 93 cents per share exceeded estimates of 83 cents apiece for the quarter ended July 31.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
CrowdStrike forecast for third-quarter revenue dissapointed Wednesday, signaling cautious spending by clients facing economic uncertainty.
crowdstrike, earnings
125
2025-52-27
Wednesday, 27 August 2025 04:52 PM
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