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Crowdstrike Holdings Inc (NASDAQ: CRWD) shares traded lower by 2% on Wednesday after the company reported a profitable fourth quarter and issued guidance above Wall Street expectations.
On Tuesday, CrowdStrike reported fourth-quarter adjusted EPS of 13 cents on $264.9 million in revenue. Both numbers topped consensus analyst estimates of 8 cents and $250.4 million, respectively. Revenue was up 74% from a year ago.
In addition, CrowdStrike said it added 1,480 net new subscription business customers in the quarter, up from 1,186 additions in the third quarter.
Crowdstrike also guided for fiscal 2022 revenue of between $1.31 billion and $1.32 billion, ahead of analyst forecasts of $1.22 billion.
Secular Tailwinds: RBC Capital Markets analyst Matthew Hedberg said CrowdStrike remains one of his top growth stock picks.
Spotify rolls out 12 Indian languages on mobile app
Mumbai |
Updated on Spotify has rolled out support for 12 Indian languages on mobile.
Last month at its Stream On event, Spotify had announced that it would make its audio streaming subscription service available in 36 new languages.
Now, it has launched 12 Indian languages on the Spotify mobile app. Spotify’s mobile experience will be available in a total of 62 languages, the company had announced.
These include Hindi, Gujarati, Bhojpuri, Kannada, Malayalam, Marathi, Odia, Punjabi, Tamil, Telugu, Urdu, and Bengali. The expansion will help the platform create a more localised experience for its users and give more listeners access to Spotify in their native tongue.
A Stream Come True: Spotify Celebrates 2 Years in India adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Netflix hits record after subscribers leap past 200 million
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FILE - This Aug. 13, 2020, file photo shows a logo for Netflix on a remote control in Portland, Ore. Netflix’s video streaming service has surpassed 200 million subscribers for the first time as its expanding line-up of TV series and movies continues to captivate people stuck at home during the ongoing battle against the pandemic. The subscriber milestone highlighted Netflix’s fourth-quarter results released Tuesday, Jan. 19, 2021. (AP Photo/Jenny Kane, File)
(AP)
. Updated: 20 Jan 2021, 09:16 PM IST Bloomberg
Netflix Inc. ended its biggest year in company history with a bang, powering its stock to a record high after adding more customers than expected and saying it no longer needs to borrow money to build its entertainment empire
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2425
A pilot project, recently launched in Uganda, aims to demonstrate more cost-efficient ways in which both electricity and ICT can be brought to rural areas. It comes at a time of renewed growth for the country’s telecoms sector.
According to Uganda’s PML Daily, the National Information Technology Authority-Uganda (NITA-U) together with the Uganda Communication Commission (UCC) (through its Rural Communication Development Fund (RCDF)), the Rural Electrification Agency (REA), optical connectivity solutions business Corning Optical Communications and network equipment compa