Reported about 1 month ago
CrowdStrike Holdings reported second quarter earnings that surpassed expectations, marking its first quarterly report since a significant software update caused disruptions for numerous customers worldwide. Analyst Matt Hedberg from RBC Capital Markets noted the report was 'better than feared,' although he expressed concern over potential customer churn post-outage and anticipates the company may need to offer discounts to maintain customer satisfaction. Despite these challenges, he is optimistic that CrowdStrike will emerge stronger with improved systems.
Source: YAHOO