There aren't too many opportunities to buy a stock at a discount after recent drama and volatility, but the market offers such low-hanging fruit every once in a while. Most recently, an outage fixed within 48 hours brought shares of CrowdStrike Holdings Inc. NASDAQ: CRWD lower by over 40% in a couple of weeks. Investors who took advantage of this opportunity would be sitting on close to 32% gains today. Realizing that this outage had no material impact on the core business or the future of its operations co ...

CrowdStrike Holdings, Inc. (CRWD) reported non-GAAP earnings of $1.04 per share in the second quarter of fiscal 2025, which surpassed the Zacks Consensus Estimate of 98 cents and came ahead of management's guidance of 98-99 cents. CRWD reported non-GAAP earnings of 74 cents in the year-ago quarter. The robust bottom-line performance was mainly driven by higher revenues and better cost management. CrowdStrike's fiscal second-quarter revenues of $963.9 million rose 32% year over year and surpassed the consens ...

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- ATTER = H n 1 III F F 10 F I FIND DO 100 1 li I t 1 Sundry Photography Introduction & Investment Thesis I initiated a "buy" rating on CrowdStrike (NASDAQ:CRWD) in April, where my investment thesis was predicated on my belief that the company should continue to drive new customer deals at a rapid pace. This while continuing to deepen adoption of its product modules among existing customers given its large TAM fueled by secular forces of AI, robust product innovation, and increasing platformization among en ...

Buying best-in-class stocks is never cheap, and CrowdStrike stock is no exception. In this video, I will cover CrowdStrike's (CRWD -2.09%) second-quarter earnings, which were better than expected despite the July 19 outage. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Aug. 28, 2024. The video was published on Aug. 28, 2024. ...

NEW YORK, Aug. 29, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of CrowdStrike Holdings, Inc. (NASDAQ: CRWD). Shareholders who purchased shares of CRWD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/crowdstrike-loss-submission-form/?id=98716&from=4 CLASS PERIOD: November 29 ...

Thapana Onphalai Investment Thesis CrowdStrike (NASDAQ:CRWD) used to be beyond reproach. It was viewed as the go-to cybersecurity, offering investors exposure to a pure-play cyber-company. Now, I believe we are at a crossroads, as CrowdStrike pulls in its guidance, and demonstrates that it will not be as profitable as it has been. Consequently, I downgrade my rating on this stock, as I believe that many investors will over the next twelve months churn out of CrowdStrike in favor of SentinelOne (S) (disclosu ...

Revenue and Growth - Annual Recurring Revenue (ARR) reached $3.9 billion as of July 31, 2024, with net new ARR of $217.6 million and $429.3 million added for the three and six months ended July 31, 2024, respectively[135]. - Total revenue for the three months ended July 31, 2024, increased by $232.2 million, or 32%, compared to the same period in 2023, reaching $963.9 million[150]. - Subscription revenue accounted for 95% of total revenue for the three months ended July 31, 2024, with an increase of $228.3 million, or 33%, compared to the same period in 2023[153][154]. - Total revenue increased by $460.7 million, or 32%, for the six months ended July 31, 2024, compared to the same period in 2023, with subscription revenue accounting for 95% of total revenue[165]. - The company expects net new Annual Recurring Revenue (ARR) generation to be greater in the second half of the fiscal year, particularly in the fourth quarter[198]. Expenses and Profitability - Operating expenses for the three months ended July 31, 2024, totaled $712.8 million, an increase of 26% compared to the same period in 2023[150]. - Net income for the three months ended July 31, 2024, was $46.7 million, a significant increase of 451% compared to $8.5 million in the same period in 2023[150]. - Interest income increased by $14.9 million, or 41%, for the three months ended July 31, 2024, compared to the same period in 2023[150]. - The company anticipates sales and marketing expenses to increase in dollar amount while decreasing as a percentage of total revenue over time[145]. - The company expects general and administrative expenses to decrease as a percentage of total revenue over time, despite fluctuations in dollar amounts[147]. Research and Development - Research and development expenses are expected to increase in dollar amount as investments in technology architecture and software platform continue[146]. - Research and development expenses increased by $71.5 million, or 40%, for the three months ended July 31, 2024, compared to the same period in 2023[160]. - Research and development expenses rose by $127.7 million, or 36%, to $486.2 million for the six months ended July 31, 2024, compared to $358.4 million in the same period in 2023[171]. Sales and Marketing - The company expects to continue investing significantly in sales and marketing to grow its customer base domestically and internationally[131]. - Sales and marketing expenses increased by $72.6 million, or 26%, for the three months ended July 31, 2024, compared to the same period in 2023[159]. - Sales and marketing expenses increased by $141.6 million, or 25%, to $705.6 million for the six months ended July 31, 2024, compared to $564.0 million in the same period of 2023[170]. Legal and Administrative Matters - The Channel File 291 Incident has led to lawsuits and inquiries, with expected significant legal and administrative expenses in future periods[132]. - The unrecognized tax benefits amounted to $14.4 million, classified as long-term liabilities due to uncertainty regarding future cash outflows[192]. Cash Flow and Assets - As of July 31, 2024, the company had $4.0 billion in cash and cash equivalents, which is expected to meet anticipated cash needs for at least the next 12 months[176]. - Net cash provided by operating activities was $709.9 million for the six months ended July 31, 2024, compared to $545.7 million in the same period of 2023[181]. - Net cash used in investing activities was $106.0 million, primarily due to business acquisitions and purchases of property and equipment[183]. - Net cash provided by financing activities was $60.0 million, mainly from proceeds of the employee stock purchase plan[184]. - The company reported current assets of $5,008.5 million, an increase from $4,563.5 million[188]. Employee and Organizational Matters - The company employed 9,219 full-time employees as of July 31, 2024, with no labor union representation in the United States[199]. - The company has not experienced any work stoppages and considers its relations with employees to be good[199]. Deferred Revenue and Backlog - Deferred revenue as of July 31, 2024, was $3.1 billion, with $2.3 billion expected to be recognized as revenue in the next 12 months[179]. - The company had a backlog of approximately $1.8 billion as of July 31, 2024, which is subject to change based on customer agreements and renewals[196].

CROWDSTRIKE Financial Results Q2 FY 2025 ® CrowdStrike, Inc. All rights reserved. Safe Harbor This presentation includes express and implied "forward-looking statements", including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, and in some cases, can be identified by terms such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," "may," " ...

Financial Data and Key Metrics Changes - Ending ARR reached $3.86 billion, growing 32% year-over-year [10][28] - Q2 net new ARR was $218 million, up 11% year-over-year [10][28] - Q2 revenue was $964 million, exceeding guidance [10][30] - Non-GAAP operating income was $227 million, growing 46% year-over-year [10][31] - Free cash flow was $272 million, representing 28% of revenue [10][31] Business Line Data and Key Metrics Changes - LogScale next-gen SIEM, identity protection, and cloud security businesses surpassed $1 billion in ending ARR, growing more than 85% year-over-year [12] - Cloud Security business reached over $515 million in ARR, growing faster than 80% year-over-year [12][13] - Identity Protection ARR surpassed $350 million, growing over 70% year-over-year [13] - LogScale next-gen SIEM ARR exceeded $220 million, growing more than 140% year-over-year [14] Market Data and Key Metrics Changes - 66% of new logo business was sourced by partners, indicating strong partner engagement [17] - Systems Integrator business grew over 100% year-over-year [17] Company Strategy and Development Direction - Focus on enhancing the Falcon platform's resilience and security following the July 19 incident [9][10] - Emphasis on customer commitment packages to drive long-term loyalty and platform adoption [22][25] - Continued investment in innovation and R&D to maintain competitive edge [36] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the July 19 incident but expressed confidence in the company's resilience and customer trust [10][19] - Anticipated extended sales cycles and increased scrutiny from customers in the near term [33] - Long-term goal remains to reach $10 billion in ending ARR by the end of fiscal year 2031 [36][38] Other Important Information - The company has engaged independent third-party vendors to review its security processes post-incident [8] - The Falcon Flex subscription model has gained traction, representing over $700 million in total deal value [22] Q&A Session Summary Question: Will CrowdStrike need to rearchitect the Falcon agent due to the incident? - Management clarified that the issue was a configuration update, not a kernel update, and emphasized the robustness of their architecture [40][42] Question: Insights on the pipeline and competitive landscape? - Management noted that customer trust has remained strong, with many expressing a desire to expand their relationship with CrowdStrike [45] Question: Details on the Falcon Flex model and its impact? - Management indicated that Falcon Flex was developed in response to customer demand for flexibility and ease of procurement [47][67] Question: How will the customer commitment packages affect future growth? - Management expects these packages to lead to higher platform adoption and deeper customer partnerships over time [34][68] Question: Update on federal momentum and potential impacts from the incident? - Management expressed confidence in federal momentum, noting that while the sales cycle may be longer, opportunities remain strong [77] Question: Clarification on customer commitment packages and their financial implications? - Management explained that the packages would have a short-term impact on revenue but are expected to enhance long-term customer relationships and revenue growth [59][66]