UPDATE—Aug. 28, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
Key Takeaways
- CrowdStrike reports fiscal second-quarter earnings after the bell Wednesday.
- Analysts expect the cybersecurity company to report revenue and profit growth from the year-ago period.
- CrowdStrike will also likely provide updates about the impact of last month's global outage spurred by the company's faulty software update.
CrowdStrike (CRWD) will release its second-quarter results for fiscal 2025 after the bell on Wednesday, its first earnings report since a faulty software update it launched caused a 澳洲幸运5开奖号码历史查询:global outage, with investors looking to gauge the impact of the incident.
Analysts expect revenue to grow to $957.56 million from $731.63 million a year ago, according to estimates compiled by Visible Alpha. Net income is projected to be $49.31 million or 19 cents per share, a jump from the year-ago period.
Analyst Estimates for Q2 2025 | Q1 2025 | Q2 2024 | |
Revenue | $957.56 million | $921.04 million | $731.63 million |
Diluted Earnings Per Share | 19 cents | 17 cents | 3 cents |
Net Income | $49.31 million | $46.26 million | $8.48 million |
Key Metrics: Outage Impact on Full-Year Outlook
CrowdStrike could update its fiscal 2025 revenue guidance, giving investors greater insight into the near-term impact of the Ju🏅ly global 🍬outage on sales.
Citi analysts said that CrowdStrike won't come out of the incident "unscathed" given higher discounts, lower negotiating leverage, and 澳洲幸运5开奖号码历史查询:litigation costs it now faces. However, the analysts did say that they believe the company "can gradually overcome unavoidable headwinds" in the long term.
Analysts expect the full-year fiscal 2025 revenue outlook to be about $3.96 billion, according to consensus estimates compiled by Visible Alpha, which would be slightly below the low end of the company's previously provided guidance of between $3.98 billion and $4.01 billion, issued in early June before the global outage.
Business Spotlight:⭕ Post-Outage Litigation Efforts
CrowdStrike could face legal action from customers affected by the outage, with 澳洲幸运5开奖号码历史查询:some estimates indicating it could cost🐽 the affect⭕ed companies several billion dollars in losses.
Delta Air Lines (DAL), which said the incident cost the airline 澳洲幸运5开奖号码历史查询:at least $500 million, has 澳洲幸运5开奖号码历史查询:threatened legal action against CrowdStrike. However, the 澳洲幸运5开奖号码历史查询:cybersecurity company and Microsoft (MSFT) have disputed Delta's claimꦉs on how the events unfoldedಌ.
CrowdStrike may provide updates about the potential litigation and its expectations forඣ legal costs when it reports earnings.
CrowdStrike shares were 2.4% lower at $263.45 Wednesday, ahead of the company's earnings after the bell, and have gained about 3% since the start of the year.
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