broad software outage<\/a> last summer.<\/p>\nFor the current quarter, CrowdStrike called for 82 cents to\u00a084 cents in adjusted earnings per share on $1.14 billion to\u00a0$1.15 billion in revenue. Analysts polled by LSEG were expecting 81 cents in earnings per share and $1.16 billion in revenue.<\/p>\n
CrowdStrike bumped up its guidance for full-year earnings but maintained its expectation for revenue. The company now sees $3.44 to\u00a0$3.56 in adjusted earnings per share, with $4.74 billion to\u00a0$4.81 billion in revenue. The LSEG consensus was $3.43 per share and $4.77 billion in revenue. The earnings guidance provided in March was $3.33\u00a0to\u00a0$3.45 in adjusted earnings per share.<\/p>\n
Also on Tuesday, CrowdStrike said it had earmarked $1 billion for share buybacks.<\/p>\n
“Today’s announced share repurchase reflects our confidence in CrowdStrike’s future and unwavering mission of stopping breaches,” CEO George Kurtz said in the statement.<\/p>\n
In May, CrowdStrike said it would cut 500 employees<\/a>, which works out to around 5% of its workforce. The company now anticipates a free cash flow margin above 30% for the 2027 fiscal year, said Burt Podbere, its finance chief, on a conference call with analysts.<\/p>\nAs of Tuesday’s close, the stock was up 43% so far in 2025, while the S&P 500 index had gained less than 2%.<\/p>\n<\/div>\n