CrowdStrike (CRWD -3.94%) outspoken Co-Founder and CEO George Kurtz went on the offensive during the last quarterly conference call and the market reacted well to what he had to say. As a result, shares of the leading endpoint-cybersecurity software provider have held on to most of their 200%-plus gain since the start of 2023.Kurtz threw some subtle shade at numerous cybersecurity peers on the last earnings update, even name-dropping Palo Alto Networks (NASDAQ: PANW) as CrowdStrike's unified platform is att ...

In this podcast, Motley Fool analysts Ron Gross and Jason Moser and host Dylan Lewis discuss:CrowdStrike's eye-popping quarter and the strength of cybersecurity spend.Target's rebound and how it might get back to growth.The stories behind rough earnings from Foot Locker, Campbell Soup, and Nordstrom.Two stocks worth watching: UiPath and Titan International.Film critic Nell Minow provides an update on the state of the movie biz and some of her favorite films from 2023.To catch full episodes of all The Motley ...

CrowdStrike (CRWD) recently introduced the Security and Exchange Commission (SEC) Readiness Services to address the new SEC regulations. The new regulation, enacted by the SEC in July 2023, came with the mandate that required publicly traded companies to report the processes for assessing, identifying and managing material risks from cyber threats in their annual 10-K filing. The regulations compelled the companies to disclose material cyber incidents within four days of identification of such incidents.To ...

It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap stocks that are high-quality in nature.In this regard, we ran a screener that yielded Block (SQ) , CrowdStrike (CRWD) , MGM Resorts International (MGM) , The Gap (GPS) and NVIDIA (NVDA) as the likely winners on the earnings beat potential.Why Is a Positive Earnings Surprise So Important?Historically, ...

AUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (NASDAQ: CRWD) today unveiled CrowdStrike SEC Readiness Services, providing public companies the technology and expertise required to mitigate risk and comply with the new SEC breach disclosure rules. Powered by the AI-native CrowdStrike Falcon® XDR platform and the industry-leading CrowdStrike Services team, Boards of Directors and C-suite executives can gain the strategic insights needed to harden the organization against breaches, make materiality decisions and ...

AUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (Nasdaq: CRWD) today announced its lineup of guest speakers, keynotes and sessions for the CrowdStrike Gov Threat Summit on March 19, 2024 in Washington D.C. at the Ronald Reagan Building. Leaders from across the public sector will join CrowdStrike to discuss the future of cybersecurity and its impact on national security and upcoming elections. Speakers and sessions include: Generative AI, Misinformation, Disinformation and Cyber Threats for the 2024 Electio ...

CrowdStrike Holdings (CRWD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Th ...

Investment Rating - The report suggests a "Buy" rating for CrowdStrike, with an expected relative return of over 20% within six months [8]. Core Insights - CrowdStrike achieved record performance in FY2024 Q4, with total revenue of $845 million, a year-over-year increase of 33%, surpassing Bloomberg consensus expectations [9]. - The annual recurring revenue (ARR) grew by 34% year-over-year, reaching $3.44 billion, also exceeding expectations [9]. - The company reported a Non-GAAP operating profit of $213.1 million, up 123% year-over-year, and a Non-GAAP net profit of $236 million, reflecting a 110.7% increase [9]. - Operating cash flow reached $347 million, a 27% increase, while free cash flow was $283 million, representing 33% of revenue [9]. - The subscription revenue for Q4 was $796 million, a 33% increase year-over-year, with professional services revenue at $49.4 million, up 26% [10]. Summary by Sections Financial Performance - FY2024 total revenue was $3.056 billion, a 36% increase year-over-year, aligning with Bloomberg consensus [1]. - Subscription revenue was $2.87 billion, also up 36% year-over-year, with a gross margin of 78% [1]. - Non-GAAP operating profit was $660 million, an 85% increase year-over-year, exceeding expectations [1]. - Net profit reached $89.3 million, surpassing expectations, compared to a loss of $183 million in the same period last year [1]. Market Position and Growth - CrowdStrike is recognized as one of the largest cloud security companies, with a net new ARR growth of nearly 200% year-over-year [2]. - The company completed over 250 transactions exceeding $1 million in Q4, with a total transaction volume growth of over 30% [2]. - The number of subscription customers increased significantly across various module counts, indicating strong customer adoption [2]. Strategic Developments - CrowdStrike expanded its strategic partnership with Dell, integrating Dell's managed detection and response services with its Falcon XDR platform [3]. - The acquisition of Flow Security aims to enhance cloud data protection capabilities, following previous acquisitions to broaden its product suite [11]. - The report highlights significant advancements in AI, particularly with the launch of Charlotte AI, enhancing the company's competitive edge in cloud security [12].

Cybersecurity stocks have been heating up of late as investments in the field are of utmost importance in this data-driven age. As generative artificial intelligence (AI) capabilities get stronger, so too could the powers of sophisticated cyber attackers. Although gen AI can be used to make our lives easier and more productive, the powerful tools can also get into the wrong hands. That’s a major concern for everybody.Fortunately, the top cybersecurity firms are ready to fortify client defenses. As cyber thr ...

Share prices of CrowdStrike (CRWD -2.07%) surged a massive 158% in the past year. A check of the cybersecurity specialist's latest quarterly results suggests this red-hot rally is here to stay.CrowdStrike released fiscal 2024 fourth-quarter results (for the three months ended Jan. 31, 2024) on March 5. It showed that analyst expectations were exceeded and investors were pleased. The stock soared a further 10% the following day.Let's take a closer look at CrowdStrike's latest report to see why this cybersecu ...