CrowdStrike: TAM Expansion Drives Valuation Higher

xijian Impressive Q1 Quarter CrowdStrike (NASDAQ:CRWD) reported a very strong Q1 quarter with both top and bottom-line beat. The company's revenue increased 33% to $921 million, and ARR grew to $3.65 billion, all exceeding expectations. Operating metrics continued to improve, and free cash flow margin reached a record level of 35%. The market liked the results, and the stock rose more than 10% the day after. Other headline results can be seen below: CrowdStrike Non-GAAP EPS of $0.93 beats by $0.04, revenue ...