CrowdStrike Earnings Beat. Cybersecurity Firm's Quarterly Revenue Tops $1 Billion.

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With Wall Street focused on the impact of July's global IT outage on subscription growth, CrowdStrike Holdings (CRWD) on Tuesday delivered third-quarter earnings and revenue that topped estimates. But...

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Cybersecurity Firm's Quarterly Revenue Tops $1 Billion.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-27 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/technology/crowdstrike-stock-crowdstrike-earnings-news-q32024/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With Wall Street focused on the impact of July's global IT outage on subscription growth, CrowdStrike Holdings (CRWD) on Tuesday delivered third-quarter earnings and revenue that topped estimates. But...</p>\n\n<a href=\"https://www.investors.com/news/technology/crowdstrike-stock-crowdstrike-earnings-news-q32024/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4538","symbol_name":"云计算","start_time":0,"source_url":"https://www.investors.com/news/technology/crowdstrike-stock-crowdstrike-earnings-news-q32024/","article_id":"2486137856","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2023/03/Stock-crowdstrike-01-adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486137856","pubTimestamp":1732658408,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"CrowdStrike stock dipped on the cybersecurity firm's Q3 earnings report with analysts focused on the impact of July's IT outage.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4538":"云计算","BK4577":"网络游戏","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","BK4588":"碎股","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","PANW":"Palo Alto Networks","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","BK4551":"寇图资本持仓","S":"SentinelOne, Inc","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","BK4561":"索罗斯持仓","LU0960925559.SGD":"Schroder ISF Global Multi-Asset Income A Acc SGD","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","CRWD":"CrowdStrike Holdings, Inc.","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","BK4548":"巴美列捷福持仓","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2244417387.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU0080751232.USD":"富达环球多元动力基金A","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","MSFT":"微软","BK4567":"ESG概念","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU1188199696.SGD":"Schroder ISF Global Multi-Asset Income A Dis SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD"},"translate_title":"CrowdStrike盈利超出预期。网络安全公司的季度收入超过10亿美元。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S":1,"PANW":1,"MSFT":1,"CRWD":1},"content_text":"With Wall Street focused on the impact of July's global IT outage on subscription growth, CrowdStrike Holdings (CRWD) on Tuesday delivered third-quarter earnings and revenue that topped estimates. But CrowdStrike stock dipped as a key financial metric came in slightly above views.\nThe Sunnyvale, Calif.-based cybersecurity firm reported October-ended quarterly earnings after the market close.\n\n\nMercadoLibre In Focus\" vid-repeat=\"1\" vid-top=\"\" vid-url=\"https://content.jwplatform.com/manifests/SE3hILrN.m3u8\" vid-width=\"100\">\n↑\nX\n\n\n\n\nStocks Mixed; Amazon.com, Constellation Energy, MercadoLibre In Focus\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nStocks Mixed; Amazon.com, Constellation Energy, MercadoLibre In Focus\n\n\n\n\nCrowdStrike Earnings Top Estimates\nCrowdStrike earnings climbed 13% to 93 cents a share on an adjusted basis. Revenue, including acquisitions, rose 29% to $1.01 billion.\nAnalysts polled by FactSet had predicted earnings of 81 cents a share, down 1%, on revenue of $983 million.\nWith CrowdStrike, Wall Street analysts focus on annual recurring revenue, or ARR. It's a key financial metric tied to subscription services growth.\nAmid the IT outage, caused by a defective software update, analysts expected lower growth for \"net new\" ARR because of delays in signing contracts and expectations that many customers will seek price discounts when renewing contracts to help cover the cost of business disruptions.\nCrowdStrike Stock: Key Metric In-Line\nIn Q3, total ARR increased 27% to $4.02 billion. Analysts had predicted total ARR of $4.01 billion.\n\"Net new ARR of $153 million topped consensus at $146.4 million,\" said RBC Capital analyst Matthew Hedberg in a report. \"Management noted a strong finish to the quarter and quarter-over-quarter increase in pipeline despite the July 19th incident while also highlighting they are the fastest and only pure play cyber security company to reach $4 billion in ARR.\"\nOn the stock market today, CrowdStrike stock fell more than 2% to 353.74 in extended trading. Heading into the CrowdStrike earnings report, shares were up 42% in 2024, down from a 56% gain on July 9, before the IT outage.\nCrowdStrike competes with Palo Alto Networks (PANW), SentinelOne (S), Microsoft (MSFT) and others in the \"endpoint\" market. Endpoint security tools detect malware on laptops, mobile phones and other devices that access corporate networks.\n\nAlso, CrowdStrike is building a broad, threat-detection cybersecurity platform called XDR, which stands for extended detection and response. It monitors endpoints as well as web/email gateways, web application firewalls and cloud business workloads. Palo Alto and CrowdStrike are building out cloud platforms as the industry consolidates.\nCRWD is among cybersecurity stocks to watch.\nFollow Reinhardt Krause on Twitter @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.\nYOU MAY ALSO LIKE:\nLearn The Best Trading Rules At Investor's Corner\nWant To Trade Options? Try Out These Strategies\nMonitor IBD's \"Breaking Out Today\" List For Companies Hitting New Buy Points\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today\nCatch The Next Big Winning Stock With MarketSurge\nFutures: Titans Fuel S&P 500 As Bitcoin Tumbles; Big Movers Late","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486137856"}