#OktaCrowdStrikeSurgeOnEarningsBeat
stocks surged after both companies reported earnings that beat analyst expectations and raised their future guidance,
Financial Performance:
· CrowdStrike (CRWD): Q2 EPS of $0.3 (beat by $0.02) on $1.47B revenue. It raised FY2027 revenue guidance to *$5.99B-$6.01B, with record ARR of *$5.84B .
· Okta (OKTA): Q3 EPS of $1.05** (beat) on **$805M revenue, up 11% YoY. It also raised full-year revenue outlook to $3.216B-$3.226B
stocks surged after both companies reported earnings that beat analyst expectations and raised their future guidance,
Financial Performance:
· CrowdStrike (CRWD): Q2 EPS of $0.3 (beat by $0.02) on $1.47B revenue. It raised FY2027 revenue guidance to *$5.99B-$6.01B, with record ARR of *$5.84B .
· Okta (OKTA): Q3 EPS of $1.05** (beat) on **$805M revenue, up 11% YoY. It also raised full-year revenue outlook to $3.216B-$3.226B