Author Bio
Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Follow @TMFNewCow
What happened
Shares of
CrowdStrike (NASDAQ:CRWD) gained as much as 6% this morning after the company reported fourth-quarter earnings. The results topped expectations and guidance was strong, but tech stocks are under pressure today. As of 11:55 a.m. EST, CrowdStrike stock had given back all of those gains and was up less than 1%.
So what
Revenue in the fiscal fourth quarter came in at $264.9 million, easily beating the consensus estimate of $250.6 million in sales. That translated into adjusted earnings per share of $0.13, also topping the $0.08 per share in adjusted profits that Wall Street analysts were modeling for. The cybersecurity specialist said annual recurring revenue (
CrowdStrike shares rise as cybersecurity firm beats earnings estimates siliconangle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconangle.com Daily Mail and Mail on Sunday newspapers.
The 117
th Congress kicked off its First Session with, among other initiatives, oversight hearings on the SolarWinds cyber hack. On February 23, the Senate Intelligence Committee held a hearing on the high profile, far-reaching breach; followed by a joint hearing on February 26 in the House of Representatives held by the Oversight and Reform and Homeland Security Committees. At both hearings, Sudhakar Ramakrishna, President and CEO of SolarWinds, Kevin Mandia, CEO of FireEye, and Brad Smith, President and Chief Legal Officer of Microsoft, testified. In addition, George Kurtz, the President and CEO of Crowdstrike, testified at the Senate Intelligence hearing, while Kevin Thompson, the former CEO of SolarWinds, testified in front of the joint House hearing. Together, the hearings represent what will likely be the first of several congressional forays into the SolarWinds hack, including possible legislative initiatives to address future possible incidents and supply chain security.
Cybercrooks upped their game in 2020 acs.org.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from acs.org.au Daily Mail and Mail on Sunday newspapers.
The 117
th Congress kicked off its First Session with,
among other initiatives, oversight hearings on the SolarWinds cyber
hack. On February 23, the Senate Intelligence Committee held a hearing on the high profile, far-reaching
breach; followed by a joint hearing on February 26 in the House of
Representatives held by the Oversight and Reform and Homeland
Security Committees. At both hearings, Sudhakar Ramakrishna,
President and CEO of SolarWinds, Kevin Mandia, CEO of FireEye, and
Brad Smith, President and Chief Legal Officer of Microsoft,
testified. In addition, George Kurtz, the President and CEO of
Crowdstrike, testified at the Senate Intelligence hearing, while
Kevin Thompson, the former CEO of SolarWinds, testified in front of