AUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (NASDAQ: CRWD) today announced a record 97 partners as exhibiting sponsors at Fal.Con, cybersecurity's premier user conference. Taking place September 16-19 at the ARIA in Las Vegas, Fal.Con 2024 will bring together a record 6,000 in-person attendees representing 2,300 of the world's leading organizations from 60 countries to shape the future of cyber...
CrowdStrike swiftly addressed the July 19 incident, with Q2 revenue reaching $964M, surpassing expectations despite challenges. CRWD's RSI at 45.48 and Fibonacci levels suggest the potential for a breakout toward $307 or $363. VPT indicates recovery, signaling a possible bullish reversal if momentum continues to build.
NEW YORK , Sept. 8, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of CrowdStrike Holdings, Inc. (NASDAQ: CRWD) between November 29, 2023 and July 29, 2024, both dates inclusive (the "Class Period"), of the important September 30, 2024 lead plaintiff deadline.
CrowdStrike stock has retreated since a major outage made headlines around the world in July. Investors recently got a sense of just how much CrowdStrike's business was impacted by the outage.
CrowdStrike stock has suffered since the company's involvement in the biggest IT outage ever in July. The company recently explained its efforts to prevent such events in the future -- and customers have generally remained loyal.
CrowdStrike reported strong Q2 earnings despite a major IT outage in July, with revenue growing 32% YoY and adjusted EPS beating expectations. The company slightly lowered its FY 2025 guidance, indicating minimal long-term impact from the outage and maintaining a positive growth outlook. Free cash flows grew 44% Y/Y and margins improved 2 PP as well. Revenues, ARR and earnings also surged.
CrowdStrike Holdings, Inc. stock has experienced significant volatility, with recent technical trends suggesting a bearish near-term outlook despite a stronger-than-expected Q2 FY2025 earnings report. The July 19th incident is set to result in growth deceleration and margin pressures, causing a downward revision in CrowdStrike's fair value estimate to ~$184 per share. Despite long-term growth p...
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