{"slug": "crowdstrike-sinks-despite-beating-revenue-and-earnings-for-q1-boosting-guidance", "title": "CrowdStrike sinks despite beating revenue and earnings for Q1, boosting guidance", "summary": "CrowdStrike shares fell 8.2% in after-hours trading despite beating Q1 revenue and earnings estimates, reporting $1.39 billion in revenue against a $1.36 billion forecast and adjusted EPS of $1.10 versus $1.07 expected. The cybersecurity firm also raised its full-year guidance and announced a four-for-one stock split, but the market reacted negatively as the industry braces for an explosion in vulnerabilities from advanced AI models like Anthropic's forthcoming Mythos.", "body_md": "# CrowdStrike sinks despite beating revenue and earnings for Q1, boosting guidance\n\n[CrowdStrike](https://robinhood.com/us/en/stocks/CRWD/?source=sherwood) edged past analysts’ estimates for revenue and earnings in its fiscal first quarter.\n\nFor FY 2027 Q1, the cybersecurity platform posted:\n\nRevenues of $1.39 billion (estimate: $1.36 billion).\n\nAdjusted earnings per share of $1.10 (estimate: $1.07).\n\nAnnual recurring revenue\n\nwas $5.51 billion, beating analyst estimates of $5.50 billion.Subscription revenue was $1.32 billion, up 26% year on year.\n\nThe company also boosted its annual guidance for revenue and adjusted EPS, and it announced a four-for-one stock split.\n\nStill, shares, which had surged some 60% over the past month, fell 8.2% after hours.\n\nSince Anthropic’s announcement of its forthcoming [Mythos](https://sherwood.news/tech/anthropic-our-new-mythos-model-is-so-powerful-we-cant-release-it/) model, the cybersecurity industry is [bracing](https://www.wsj.com/tech/ai/ai-is-finding-bugs-that-hackers-can-exploit-get-ready-for-bugmageddon-baaff236?utm_source=chatgpt.com) for an explosion in vulnerabilities that may be discovered using such advanced AI models.\n\nIn a press release, CrowdStrike CEO George Kurtz said:\n\n“In Q1, the worlds of cybersecurity and frontier AI collided: this was the Mythos moment. CrowdStrike is AI security infrastructure, critical to successful AI adoption.”", "url": "https://wpnews.pro/news/crowdstrike-sinks-despite-beating-revenue-and-earnings-for-q1-boosting-guidance", "canonical_source": "https://sherwood.news/markets/crowdstrike-q1-2027-earnings/", "published_at": "2026-06-03 20:20:47+00:00", "updated_at": "2026-06-03 20:57:54.172678+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-safety", "ai-products", "ai-infrastructure"], "entities": ["CrowdStrike", "George Kurtz", "Anthropic", "Mythos"], "alternates": {"html": "https://wpnews.pro/news/crowdstrike-sinks-despite-beating-revenue-and-earnings-for-q1-boosting-guidance", "markdown": "https://wpnews.pro/news/crowdstrike-sinks-despite-beating-revenue-and-earnings-for-q1-boosting-guidance.md", "text": "https://wpnews.pro/news/crowdstrike-sinks-despite-beating-revenue-and-earnings-for-q1-boosting-guidance.txt", "jsonld": "https://wpnews.pro/news/crowdstrike-sinks-despite-beating-revenue-and-earnings-for-q1-boosting-guidance.jsonld"}}