Shares in CrowdStrike Holdings Inc. rose in after-hours trading today after the cybersecurity firm beat analysts’ estimates for its fiscal fourth-quarter earnings.

For the quarter ended Jan. 31, CrowdStrike reported revenue jumped 74% from a year ago, to $264.9 million. The figure was boosted by subscription revenue that rose 77%, to $244.7 million. Annual recurring revenue rose a similar 75% year-over-year, to $1.05 billion as of the end of January, with $142.7 million new ARR in the quarter.

CrowdStrike’s booked a profit before costs such as stock compensation of $31.6 million or 13 cents a share in the quarter, compared with a loss of $3.9 million in the same quarter last year. According to Investor’s Business Daily, analysts had been predicting an eight-cent-a-share profit on $250.4 million in revenue.

Recent highlights included the company adding 1,480 net new subscription customers, bringing the total number of subscription customers to 9,896, up 82% year-over-year. CrowdStrike also highlighted its purchase of data security firm Humio Inc. in February for $400 million.

“Our go-to-market engine has gained incredible momentum with both marquee enterprises and small businesses alike as we expand our partner ecosystem and leverage our frictionless sales motion and leading technology to deliver immediate value to our customers,” George Kurtz, CrowdStrike co-founder and chief executive officer, said in a statement. “Combined with strong secular tailwinds, including digital transformation and an unprecedented threat environment and our expanding technology portfolio…. We believe we are in an ideal position to further extend our leadership in the Security Cloud category we pioneered.”

For the full fiscal year, CrowdStrike reported total revenue rose 82% year-over-year, to $874.4 million, with an adjusted profit of $62.6 million or 27 cents per share, reversing a loss of $62.6 million or 42 cents per share last year.

Looking forward, CrowdStrike estimated that it will see revenue of between $287.8 million to $292.1 million in the quarter ending April 30 and an adjusted profit of $10.8 million to $13.9 million or five to six cents per share. Analysts had been predicting estimated revenue of $267.85 million and a four-cent-a-share profit.

Investors were happy with CrowdStrike beating both quarterly earnings and guidance. The company’s share price rose nearly 6% in after-hours trading, to $207.50.

Image: CrowdStrike