Reported about 7 hours ago
CrowdStrike has issued a weak revenue forecast for the third quarter, citing lingering effects from a problematic cybersecurity update. Despite a strong second quarter, the company's shares fell nearly 3% in after-hours trading as it anticipates a revenue impact of $10 million to $15 million per quarter due to customer retention incentives. The quarterly revenue is projected between $1.21 billion and $1.22 billion, slightly below analysts' estimates.
Source: YAHOO