Reports Q4 revenue $637.4M, consensus $624.92M. "CrowdStrike delivered a record fourth quarter that exceeded our expectations across the board," said George Kurtz, CrowdStrike’s president, chief executive officer and co-founder. "Highlights of the quarter included record net new ARR of $222 million, record net new subscription customers of 1,873, record operating and free cash flow and a rule of 81 on a free cash flow basis. CrowdStrike’s growing market share showcases customers’ recognition of the Falcon platform’s technology leadership and advanced AI that drives better security outcomes, consolidation and lower TCO."
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CRWD: