CrowdStrike (NASDAQ:CRWD) Fiscal Q1 Non-GAAP Earnings, Sales Rise; Lifts Fiscal 2024 Revenue, EPS Guidance

CrowdStrike (NASDAQ:CRWD) reported fiscal Q1 non-GAAP diluted earnings of $0.57 per share, up from $0.31 a year earlier. Analysts polled by Capital IQ expected $0.50 normalized. Revenue for the quarter that ended April 30 was $692.6 million, up from $487.8 million a year earlier. Analysts surveyed by Capital IQ expected $676.2 million. The company said it expects fiscal Q2 non-GAAP diluted earnings of $0.54 to $0.57 and fiscal 2024 ending Jan. 31 adjusted diluted EPS of $2.32 to $2.43. Analysts surveyed by Capital IQ expect $0.54 and $2.31 normalized, respectively. The company had previously forecast full-year non-GAAP earnings of $2.21 to $2.39. The company expects revenue for the current quarter of $717.2 million to $727.4 million and full-year sales of $3 billion to $3.04 billion. Analysts polled by Capital IQ expect $718.6 million and $3 billion, respectively. The firm had earlier guided to full-year revenue of $2.96 billion to $3.02

CrowdStrike (NASDAQ:CRWD) Fiscal Q1 Non-GAAP Earnings, Sales Rise; Lifts Fiscal 2024 Revenue, EPS Guidance Read Post »

NetApp (NASDAQ:NTAP) Fiscal Q4 Adjusted Earnings Rise While Sales Drop; Sets Q1, Full-Year Outlook

NetApp (NASDAQ:NTAP) reported fiscal Q4 adjusted earnings  of $1.54 per diluted share, up from $1.42 a year earlier. Analysts polled by Capital IQ expected $1.34. Revenue for the quarter ended April 28 was $1.58 billion, down from $1.68 billion a year earlier. Analysts surveyed by Capital IQ expected $1.54 billion. The data management company said it expects fiscal Q1 adjusted EPS of $1.00 to $1.10 on revenue of $1.33 billion to $1.48 billion. Analysts polled by Capital IQ are looking for adjusted EPS of $1.20 and revenue of $1.46 billion. NetApp said it expects fiscal 2024 adjusted EPS of $5.65 to $5.85. Analysts polled by Capital IQ are looking for $5.40. Revenue for the current fiscal year is projected to be down in the low-to-mid single digit percentage.

NetApp (NASDAQ:NTAP) Fiscal Q4 Adjusted Earnings Rise While Sales Drop; Sets Q1, Full-Year Outlook Read Post »

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