CrowdStrike: Higher Sales, Higher Costs
Here's our initial take on CrowdStrike's (NASDAQ: CRWD) financial report.Coming up on the one-year anniversary of CrowdStrike's disastrous July 2024 global outage, the cybersecurity company continues to make progress moving past the incident. CrowdStrike beat earnings per share (EPS) estimates for the quarter and matched on revenue, though earnings, free cash flow, and growth in annual recurring revenue (ARR) all were down year over year.Image source: CrowdStrike.Continue reading

Here's our initial take on CrowdStrike's (NASDAQ: CRWD) financial report.
Coming up on the one-year anniversary of CrowdStrike's disastrous July 2024 global outage, the cybersecurity company continues to make progress moving past the incident. CrowdStrike beat earnings per share (EPS) estimates for the quarter and matched on revenue, though earnings, free cash flow, and growth in annual recurring revenue (ARR) all were down year over year.
Image source: CrowdStrike.