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Crowdstrike’s Sales Surge in Q4, Beating Analyst Forecasts  

CrowdStrike has posted a 48% jump in revenue for the fourth quarter to $637.4 million, topping analyst estimates. So reports Bloomberg.

crowdstrikeGeorge Kurtz, the cybersecurity company’s CEO, said the fourth quarter was record-breaking for CrowdStrike, with fresh highs for new annual recurring revenue, new subscription customers and operating and free cash flow.

The earnings surprise came amid worries about a slowing cybersecurity sector as companies cut costs.

Read the full article from Bloomberg.

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