CrowdStrike reports higher operating expenses as AI investments gain pace
u/joe4942 ·
Reddit — r/stocks
· June 03, 2026 at 21:33
· ⬆ 25 pts
· 💬 16 comments
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> June 3 (Reuters) - CrowdStrike reported a 15% jump in its first-quarter operating expenses on Wednesday, as the cybersecurity company ramps up investments in AI and product development.
> Shares of the company fell 8% in extended trading.
> CrowdStrike expects 2027 revenue to be between $5.91 billion and $5.96 billion, compared with its prior expectations of $5.87 billion to $5.93 billion.
> First-quarter total operating expenses came in at $1.07 billion, compared with $934.3 million a year earlier.
> CrowdStrike expects 2027 adjusted profit to be between $4.88 and $4.96 per share, versus its prior projection of $4.78 to $4.90.
https://www.reuters.com/technology/crowdstrike-reports-higher-operating-expenses-ai-investments-gain-pace-2026-06-03/