CrowdStrike Holdings Inc (NASDAQ:CRWD) reported second-quarter financial results Wednesday after the bell. Here’s a look at the key metrics from the quarter.
Q2 Earnings: CrowdStrike reported second-quarter revenue of $963.9, beating the consensus estimate of $958.582 million. The cybersecurity company reported adjusted earnings of $1.04 per share, beating analyst estimates of 97 cents per share.
CrowdStrike has beat analyst estimates on the top and bottom lines in each quarter since it went public in 2019, according to data from Benzinga Pro.
Total revenue was up 32% year-over-year. Annual recurring revenue increased 32% year-over-year to $3.86 billion after the company added $217.6 million of net new ARR in the second quarter. Net cash generated from operations was $326.6 million and free cash flow came in at $272.2 million. The company ended the quarter with $4.04 billion in cash, equivalents and short-term investments.
“Working with customers to recover from the July 19th ...
