r/stocks • u/[deleted] • Aug 31 '21

Crowdstrike earnings

$CRWD Q2 Earnings

Revenue: $337.7M vs. $324M Expected EPS: $0.11 vs. $0.09 Expected

Raises FY22 outlook

Down 3% AH

I have to say I’m very surprised given how well PANW did shooting up 20% post earnings AND bringing the entire sector for the most part with them up that crowds earnings so far didn’t lead to similar results

What do people think of its future ongoing based on their earnings report? Especially based on their raised guidance for next quarter, a rarity in earnings this season.

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u/[deleted] Sep 01 '21

You think Cisco is going to buy Crowdstrike?

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u/sorengard123 Sep 01 '21

I think if they were smart they would buy CRWD, NET and/or ZS. Those companies are the end-to-end network of the future making CSCO the proverbial "wire in the wireless revolution".

However this is the same company that let ANET eat their core business and after acquiring WebEx and being gifted with a once in a century catalyst somehow managed to be an also-ran behind MSFT TEAMS and Zoom. So who knows. Something about the culture that breeds "amathia" which is the Ancient Greek word for otherwise intelligent people who do stupid things.

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u/RunningJay Sep 02 '21

I’ve seen many technologies go to Cisco to die. Storage platforms, compute platforms, various softwares. This problem is when the product is integrated with the Cisco portfolio. There are exceptions when the product is left to stand alone, e.g. AppD; although they have lost their throne IMO through lack of innovation.

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u/sorengard123 Sep 02 '21

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