CrowdStrike Shares Surge 6.53% in Three Days, Trading Volume Ranks 17th

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 8:00 pm ET1min read

CrowdStrike Holdings(CRWD) shares rose 2.00% on June 3, 2025, marking the third consecutive day of gains, with a total increase of 6.53% over the past three days. The company's trading volume reached $32.87 billion, making it the 17th highest in the market that day.

CrowdStrike reported its first quarter fiscal year 2026 financial results, with total revenue reaching $1.10 billion, a 20% increase compared to the same period last year. Subscription revenue accounted for the majority, totaling $1.05 billion. However, the company reported a GAAP loss from operations of $124.7 million.

Despite the revenue growth, CrowdStrike's stock experienced a decline due to weak revenue guidance. The company's net loss for the quarter was $110.2 million. The adjusted net income was roughly in line with analyst consensus, but the market reacted negatively to the guidance provided.

CrowdStrike's financial performance for the first quarter of fiscal year 2026 showed strong revenue growth, with annual recurring revenue (ARR) reaching $4.44 billion. The company generated a record high of $384.1 million in net cash from operations and ended the quarter with $4.61 billion in cash.

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