Estimated reading time: 0 minutes, 21 seconds

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.

Read 565 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.