04:57 PM EDT, 06/03/2025 (MT Newswires) -- (Update with share buyback details in the sixth paragraph.)

CrowdStrike ( CRWD ) reported late Tuesday fiscal Q1 non-GAAP earnings of $0.73 per diluted share, down from $0.79 a year earlier.

Analysts polled by FactSet expected $0.66.

Revenue in the three months ended April 30 rose to $1.1 billion from $921 million a year earlier. Analysts expected $1.1 billion.

The company expects fiscal Q2 non-GAAP EPS of $0.82 to $0.84 on revenue of $1.14 billion to $1.15 billion. Analysts project EPS of $0.81 on revenue of $1.16 billion.

The company raised full-year non-GAAP EPS guidance to the range of $3.44 to $3.56 from $3.33 to $3.45 and affirmed revenue guidance at $4.74 billion to $4.81 billion. Analysts surveyed by FactSet expect EPS of $3.46 on revenue of $4.79 billion.

The company said its board authorized a share repurchase program of up to $1 billion of its common stock.

The company's shares fell 7% in after-hours trading.