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CrowdStrike’s stock soars as earnings impress in face of cybersecurity jitters

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CrowdStrike Holdings Inc. shares exploded 24% higher in Tuesday’s extended session after the cybersecurity company delivered an upbeat forecast on top of its better-than-expected quarterly results.

For the fiscal first quarter, CrowdStrike CRWD models $902.2 million to $905.8 million in total revenue, along with 89 cents to 90 cents in adjusted earnings per share. Analysts tracked by FactSet were looking for $900 million and 82 cents, respectively.

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