CRWD in the first quarter of FY 21 has reported the adjusted earnings per share of 2 cents, beating the analysts' estimates for the adjusted loss per share of 6 cents, according to the analysts surveyed by FactSet. The company had reported the adjusted revenue growth of 85 percent to $178.1 million in the first quarter of FY 21, beating the analysts' estimates for revenue of $165.4 million. Subscription revenue rose 89% comopared Q1 of last year to reach $162.2 million. Professional services revenue increased to a record $15.9 million due to the vast majority of these services, including incident response can easily be delivered remotely. Geographically, approximately 73% of first quarter revenue came from customers in the U.S., 14% from Europe, Middle East and Africa markets, 8% from Asia Pacific and 5% from other markets. The company's first quarter non-GAAP gross margin expanded to 75% from 70% a year ago.