Crowdstrike falls 10% in a weak profit perspective, interruption costs

Crowdstrike The actions fell 10% after Issue a weak gains guide As the company pointed out the continuous pressure of its Global Ti interruption that shook companies in July.

The cybersecurity software provider said that it hopes that the profits of the first quarter will range between 64 cents and 66 cents per share, compared to the average data estimate of 95 cents. Crowdstrike is projecting profits for the year to range between $ 3.33 and $ 3.45 per share, excluding articles. That fell short $ 4.42 expected by analysts surveyed by LSE.

For the period, Crowdstrike registered a net loss of $ 92.3 billion, or 37 cents per share, versus net income of $ 53.7 million, or 22 cents per share, in the period of the previous year. The company also reported $ 21 million in costs related to the incident and $ 49.9 million of procurement -related tax expenses.

The company also said that it anticipates another $ 73 million in expenses for the first quarter resulting from its July update that stimulated a global IT interruption, founded flights and interrupted businesses. Crowdstrike projects additional $ 43 million in costs due to some packages of agreements offered in its path.

The interruption has also weighed on free cash flow margins, which Crowdstrike said in the call that he hopes to return to 30% or more in fiscal year 2027.

Many on Wall Street expect the winds against the July number to decrease in the new fiscal year, with Bernstein Peter Weed waiting for a collection in the net retention rate of Crowdstrike in the new fiscal year.

“Although the guide of fiscal year 26 marked a conservative beginning of the year, in our opinion, we hope that management is preparing the stage for a return to a cadence of rhythm and collection that we saw before the interruption,” Brian Essex de JPMorgan wrote.

The disappointing Crowdstrike orientation compensated for the results of the fourth quarter better than expected. The company registered $ 1.03 for action at $ 1.06 billion in revenues and said that income grew 25% for a year.

The CEO and founder George Kurtz called the company a “return story” at a telephone conference with analysts on Tuesday.

“I am extremely proud of the commitment we have had with customers, partners, perspectives in the market that navigate a year that tested Crowdstrike,” he said. “Q4 shows the fruits of our works, giving me a strong conviction in our unique platform, an excellent execution and an accelerated market opportunity.”