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CrowdStrike reduced its fiscal 2025 earnings estimate from the earlier expectation of $3.98 per share on account of the compensation package it has designed in the wake of the outage.
Per the chart above, investors can see that between the beginning of July and the initial reporting about the company's glitch, CrowdStrike lost roughly $20 billion in market cap.
2024 CrowdStrike-related IT outages. On 19 July 2024, American cybersecurity company CrowdStrike distributed a faulty update to its Falcon Sensor security software that caused widespread problems with Microsoft Windows computers running the software. As a result, roughly 8.5 million systems crashed and were unable to properly restart [1] in ...
We are raising our guidance for the full fiscal year 2025. We currently expect total revenue to be in the range of $3,976.3 million to $4010.7 million, reflecting a growth rate of 30% to 31% over ...
Website. www.crowdstrike.com. Footnotes / references Financials as of fiscal year ended January 31, 2024 [update]. References: [ 2 ] CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services.
Major News for CrowdStrike Investors. Until July, shares of CrowdStrike Holdings (NASDAQ: CRWD) were flying high, having gained more than 50% since the start of the year. And that was part of a ...
The impressive cash flow has allowed CrowdStrike to build a fortress-like balance sheet that features $3.7 billion in cash against just $740 million in long-term debt. In addition, the stock's ...
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