Shares in CrowdStrike Holdings Inc. and Zscaler Inc. surged in after-hours trading Wednesday, Dec. 2 after both security companies beat analyst predictions on revenue, earnings and forward guidance in their quarterly earnings reports.

For the quarter ending Oct. 1, CrowdStrike reported revenue of $232.5 million, up 86% year-over-year. The growth was driven by an 87% increased in subscription revenue to $213.5 million. Non-generally accepted accounting principles net income per share came in at eight cents compared to a loss of 7 cents in the same quarter last year. Analysts had been predicting revenue of $213.7 million with a figure of net income per share of breakeven – zero cents per share.

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