The Falcon Flex model surpassed 1,000 clients, each averaging over $1 million ARR, with utilization rates exceeding 75%. More than 100 clients re-Flexed within five months, driving nearly 50% uplift in ending ARR per client. CrowdStrike's Q2 ARR from Cloud, Identity, and SIEM modules reached $1.56 billion, growing over 40% year-over-year.
CrowdStrike stands out as a leading cybersecurity provider, benefiting from robust industry growth and increasing global cyber threats. CRWD's cloud-based Falcon platform drives strong sales growth and maintains premium gross margins, despite a major operational incident in July 2024. The July 2024 incident pressured operating and net income margins, but recent quarters show early signs of marg...
September was not just a hot month on the calendar; it was also a breakout period for the stock market. A wave of renewed optimism and stronger outlooks helped lift the S&P 500 to fresh all-time highs, with a handful of companies driving much of the momentum.
Artificial intelligence (AI) has attracted hundreds of billions of dollars in investment this year, and companies are shifting from experiments to deployment, and demanding measurable results. Security costs are set to double, government contracts are accelerating, and businesses are moving past the hype to focus on real applications.
CrowdStrike is rapidly expanding its agentic AI security capabilities through acquisitions, technology advancements, and platform enhancements, strengthening its competitive moat. CRWD recently acquired Onum and Pangea, and announced the Falcon Agentic Security Platform, positioning the company at the forefront of AI-driven cybersecurity solutions. Despite trading at a historical premium, CRWD ...
AUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (NASDAQ: CRWD) today announced the appointment of Amjad Hussain as chief resilience officer. Reporting directly to CEO and founder George Kurtz, Hussain will help shape how CrowdStrike advances resilience across its platform and business, accelerating CrowdStrike's defining principles of operational excellence and reliability across the company. He wi...
Those who succeed at building wealth in the stock market often do so by buying and holding stakes in companies that have the ability to expand steadily over time. Such companies can frequently be found in the technology and healthcare sectors -- two sources of innovations that sometimes reshape our lives.
AI chip giant Nvidia (NASDAQ:NVDA) has certainly been one of the best mega-cap stocks investors could have (and probably should have) been invested in over the past few decades.
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