CrowdStrike is having its worst day since it broke the internet last July
Investors aren’t done being disappointed by the brutal guidance issued by CrowdStrike during its Q4 earnings report after the bell on Tuesday.
The cybersecurity software maker’s shares are down more than 10% on Wednesday — its worst day since its software glitch caused global havoc in July, canceling thousands of flights and bricking corporate computer systems across the world.
CrowdStrike’s Q1 guidance calls for earnings per share between $0.64 and $0.66; the consensus estimate was $0.96 and the low forecast among analysts polled by Bloomberg was $0.84.
CrowdStrike also reported that its costs related to the July incident totaled $60 million on the year.
CrowdStrike’s Q1 guidance calls for earnings per share between $0.64 and $0.66; the consensus estimate was $0.96 and the low forecast among analysts polled by Bloomberg was $0.84.
CrowdStrike also reported that its costs related to the July incident totaled $60 million on the year.
