CrowdStrike shares experienced a significant decline following the release of their second-quarter revenue guidance, which fell short of analyst expectations. Despite exceeding Q1 earnings and revenue projections, concerns about lingering effects from last summer’s global software outage contributed to the after-hours drop. The company reported strong first-quarter results with a $1.10 billion revenue figure that matched analyst forecasts and represented a 20% year-over-year growth rate. However, the guidance for Q2 revenue of $1.14-$1.15 billion disappointed investors, indicating potential lingering challenges from last summer’s software outage. The company is facing increased operating expenses related to addressing this issue, adding to investor concerns. While CrowdStrike reported strong adjusted earnings per share and a full-year revenue outlook, the post-earnings decline highlighted the sensitivity of investors to any signs of slowing growth or operational difficulties.