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CrowdStrike falls after disappointing earnings outlook

Bloomberg
Bloomberg • 3 min read
CrowdStrike falls after disappointing earnings outlook
The company said it expects adjusted earnings of 84 US cents to 86 US cents per share, below analysts’ estimates for 87 US cents. Photo: Bloomberg
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CrowdStrike Holdings Inc. shares fell in late trading after the cybersecurity software firm issued a fourth-quarter earnings forecast that fell short of investors’ expectations.

The company said it expects adjusted earnings of 84 US cents (US$1.13) to 86 US cents per share, below analysts’ estimates for 87 US cents. 

The report is the company’s second since a flawed CrowdStrike update crashed millions of devices operating on Microsoft’s Windows systems.

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