Financial Outlook
CrowdStrike is providing the following guidance for the second quarter of fiscal 2024 (ending July 31, 2023) and increasing its guidance for the fiscal year 2024 (ending January 31, 2024).
Guidance for non-GAAP financial measures excludes stock-based compensation expense, amortization expense of acquired intangible assets, including purchased patents, amortization of debt issuance costs and discount, mark-to-market adjustments on deferred compensation liabilities, legal reserve and settlement charges or benefits, gain (loss) and other income from strategic investments, acquisition-related expenses, and losses (gains) from deferred compensation assets. The company has not provided the most directly comparable GAAP measures because certain items are out of the company’s control or cannot be reasonably predicted. Accordingly, a reconciliation for non-GAAP income from operations, non-GAAP net income attributable to CrowdStrike, and non-GAAP net income per share attributable to CrowdStrike common stockholders is not available without unreasonable effort.
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Q2 FY24 Guidance |
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Full Year FY24 Guidance |
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Total revenue |
$717.2 – $727.4 million |
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$3,000.5 – $3,036.7 million |
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Non-GAAP income from operations |
$116.4 – $123.8 million |
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$498.9 – $526.2 million |
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Non-GAAP net income attributable to CrowdStrike |
$129.5 – $137.0 million |
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$562.8 – $590.1 million |
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Non-GAAP net income per share attributable to CrowdStrike common stockholders, diluted |
$0.54 – $0.57 |
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$2.32 – $2.43 |
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Weighted average shares used in computing Non-GAAP net income per share attributable to common stockholders, diluted |
242 million |
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243 million |
These statements are forward-looking and actual results may differ materially as a result of many factors. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause the company’s actual results to differ materially from these forward-looking statements.
