![]() ![]() It expects its adjusted EPS to increase 44%-45% in fiscal 2024. ![]() But its non-GAAP net income, which excludes its stock-based compensation and other one-time expenses, more than doubled to $368 million. For fiscal 2024, it expects its revenue to rise 22%-23% - compared to its 29% growth in fiscal 2022 - as the continued growth of its NGS services offsets the slower growth of its older and more macro-sensitive businesses.ĬrowdStrike still isn't profitable on a generally accepted accounting principles ( GAAP) basis, but it narrowed its net loss from $235 million in fiscal 2022 to $183 million in fiscal 2023. Palo Alto went public back in 2012, but it still grew its annual revenue at a CAGR of 24% between fiscal 20 (which ended last July). But for fiscal 2024, it expects revenue to only rise 32%-35% - compared to its 54% growth in fiscal 2023 - as the macro headwinds force companies to rein in their spending on big cybersecurity deals. CrowdStrike went public in 2019, and its annual revenue expanded at a compound annual growth rate (CAGR) of 67% from fiscal 2020 to 2023. ![]()
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