CrowdStrike stock soars as sales nearly double, results beat expectations
CrowdStrike CRWD, +8.05% shares soared 21% after hours, following an 8.1% rise in the regular session to close at $41.74. The company reported a fourth-quarter loss of $28.4 million, or 14 cents a share, compared with $31.2 million, or 67 cents a share, in the year-ago period. After adjusting for stock-based compensation and the amortization of acquired intangible assets, the adjusted loss was 2 cents a share.
https://www.marketwatch.com/story/crowdstrike-stock-soars-as-sales-nearly-double-results-beat-expectations-2020-03-19?mod=newsviewer_click
What's going on here….?