Key facts
- CrowdStrike raised its full-year fiscal 2027 ARR outlook to $6.53B-$6.56B.
- The company projects $1.279B-$1.303B in net new ARR for FY2027.
- CrowdStrike reported a swing to profit in the first quarter.
- CrowdStrike announced plans for a 4-for-1 stock split.
CrowdStrike, a cybersecurity firm, has announced an improved financial outlook, now expecting annual recurring revenue (ARR) for the full fiscal year 2027 to be between $6.53 billion and $6.56 billion. This upward revision surpasses their prior forecast, which ranged from $6.47 billion to $6.52 billion. The company also reported a positive swing to profitability in its first fiscal quarter. Additionally, CrowdStrike projects $1.279 billion to $1.303 billion in net new ARR for fiscal year 2027 and announced plans for a 4-for-1 stock split.