CrowdStrike Raises Outlook, Post Higher Revenue Amid Swing to Loss

byiShook Opinion
Nov 29, 2024 - 05:30

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CrowdStrike swung to a loss in the third quarter, dragged down by expected headwinds following one of the worst computer outages ever, though the company raised its fiscal-year outlook and posted higher revenue as adoption accelerated.

CrowdStrike swung to a loss in the third quarter, dragged down by expected headwinds following one of the worst computer outages ever, though the company raised its fiscal-year outlook and posted higher revenue as adoption accelerated.