CrowdStrike reported a 26% year-over-year increase in Q1 revenue to $1.39 billion, beating estimates of $1.36 billion. The company also forecasted Q2 revenue of about $1.44 billion, slightly above estimates of $1.43 billion. However, the stock price dropped 9% or more after hours.
Forecast
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Dell's Q1 revenue surged 88% year-over-year to $43.84 billion, exceeding estimates of $35.43 billion. The company also forecasted revenue above estimates for fiscal year 2027.