Reported about 1 month ago
CrowdStrike has amended its financial guidance after experiencing an outage that affected customer deals, although it still posted strong growth in revenue and earnings in its latest quarter. The cybersecurity firm’s revenue increased 32% to nearly $964 million, and its annual recurring revenue reached $3.86 billion. Despite this positive performance, ongoing challenges from delayed sales cycles and increased scrutiny are anticipated, prompting the company to lower its full fiscal year forecasts.
Source: YAHOO