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CrowdStrike beats quarterly consensus but lowers full-year guidance - TL;DR CNBC

CrowdStrike beats quarterly consensus but lowers full-year guidance

Publishing timestamp: 2024-08-28 20:26:22


Summary

CrowdStrike reported strong fiscal second-quarter results but reduced full-year guidance due to a global outage on July 19. The company's revenue grew 32% year over year, but it is facing class action lawsuits and legal threats from Delta Air Lines. Despite the challenges, CrowdStrike is working to address the issues and maintain customer relationships.


Sentiment: MIXED

Tickers: CRWDDALMSFT

Keywords: technologymicrosoft corpearningsbreaking news: earningsbusiness newsdelta air lines incbusinesscrowdstrike holdings incenterprisebreaking news: technology

Source: https://www.cnbc.com/2024/08/28/crowdstrike-crwd-q2-earnings-report-2025.html


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