CrowdStrike Analysts Emphasize Long-Term Strength Of Cybersecurity Platform
1. CrowdStrike beat revenue expectations, reaching $1.168 billion. 2. Total annual recurring revenue (ARR) grew 20% year-on-year to $4.66 billion. 3. Stock ratings are maintained but with reduced price targets by several analysts. 4. Management expects significant growth in NNARR, projected at 40% year-on-year. 5. Positive customer adoption of Falcon Flex with over 1,000 customers achieved.