Overview

• CrowdStrike delivered adjusted Q1 EPS of $0.73 and 20% revenue growth to $1.1 billion, topping profit estimates while roughly matching sales expectations.
• The company projected Q2 revenue of $1.14 billion to $1.15 billion, below the roughly $1.16 billion analysts expected, prompting a 6–7% share decline.
• Costs tied to last July’s IT outage reached $39.7 million in Q1, with incentives cutting revenue by about $11 million and forecasted to drag on growth by $10–$15 million per quarter.
• Customer retention held at 97% post-outage, reflecting continued demand for CrowdStrike’s Falcon security offerings.
• CrowdStrike unveiled a $1 billion share buyback plan as brokers from Bank of America to Deutsche Bank lifted price targets on the stock.