CrowdStrike: The Worst Is Likely Over
CRWDCrowdStrike(CRWD) Seeking Alpha·2024-09-06 01:21
da-kuk Cybersecurity firm CrowdStrike (NASDAQ:CRWD) reported better than expected earnings for the second fiscal quarter last week, which was a respectable achievement considering that the company made headlines the world over with regard to the largest IT outage ever. In the context of this IT disaster, CrowdStrike lowered its full-year outlook, but only by a moderate amount. In my opinion, CrowdStrike continues to convince, especially with regard to its annual recurring revenues, and shares of the cyb ...