CrowdStrike Holdings (CRWD) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $0.74 per share a year ago.
CrowdStrike stock rose as Q2 financial results topped expectations amid a fiscal 2025 guidance cut in the wake of July's IT outage.
CrowdStrike CRWD -2.09%decrease; red down pointing triangle cut its outlook for the year and issued downbeat guidance for its current quarter, reflecting the impact of one of the worst computer outages ever.
CrowdStrike's results were stronger than expected for the quarter, but it reduced full-year guidance owing to incentives for a customer commitment package after a widespread July 19 outage. The cybersecurity software company apologized to customers and partners, but it's dealing with class-action suits and a legal threat from Delta Air Lines.
CrowdStrike cut its annual revenue forecast on Wednesday, in a sign that demand for its cybersecurity products took a hit from last month's global Windows outage caused by a faulty update from the company.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / If you suffered a loss on your CrowdStrike Holdings, Inc. (NASDAQ:CRWD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against CrowdStrike Holdings, Inc. ("CrowdStrike" or the "Company") (NASDAQ:CRWD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
LOS ANGELES, CA / ACCESSWIRE / August 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against CrowdStrike Holdings, Inc. ("CrowdStrike" or "the Company") for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 29, 2023 and July 29, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before September 30, 2024.
The cybersecurity space is heating up.
Warren Buffett recognizes that a company's reputation a critical asset. A bungled software update from CrowdStrike led to millions of crashing PCs and global IT disruption.
NEW YORK, NY / ACCESSWIRE / August 28, 2024 / If you suffered a loss on your CrowdStrike Holdings, Inc. (NASDAQ:CRWD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK CITY, NY / ACCESSWIRE / August 28, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against CrowdStrike Holdings, Inc. ("CrowdStrike" or "the Company") (NASDAQ:CRWD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired CrowdStrike securities between November 29, 2023, and July 29, 2024, inclusive (the "Class Period").