CrowdStrike Boosts Annual Forecasts After Beating Q3 Revenue Estimates Amid Growing Cybersecurity Demand.

Benzinga 2024-11-27

Views 151

CrowdStrike raised its annual revenue and profit forecasts after exceeding third-quarter revenue estimates, driven by growing demand for cybersecurity amid rising online threats. CrowdStrike's third-quarter revenue exceeded expectations, reflecting substantial year-over-year growth. CFO Burt Podbere highlighted strong customer engagement with commitment packages, overcoming challenges from the July 19th incident. CrowdStrike shares dropped 2% in extended trading as its fourth-quarter revenue forecast disappointed investors.

Share This Video


Download

  
Report form