Analysts revise CrowdStrike stock price after Q3 earnings and Q4 forecast

Wall Street is reacting to CrowdStrike’s (NASDAQ: CRWD) full-quarter earnings report after the cybersecurity giant experienced a major global IT outage in July.Although the outage had raised concerns about the company’s client retention abilities, CrowdStrike reported a solid Q3, beating analysts’ estimates in key areas.Revenue came in at $1.01 billion, surpassing estimates of $982.8 million, marking a 29% year-over-year increase. Subscription revenue hit $962.7 million, exceeding expectations of $933.6 mil ...