CrowdStrike Holdings, Inc. - CRWD STOCK NEWS

WeRide (Nasdaq: WRD) has been named to the 2024 Fortune Future 50 List, which recognizes companies with the strongest long-term growth potential. The company ranks as the highest-placed autonomous driving company on the list, following its successful IPO and Nasdaq listing in October 2024 that raised $458.5 million through IPO and private placement. WeRide made history as the world's first publicly listed robotaxi company and universal autonomous driving technology company. The Fortune Future 50 ranking evaluates over 2,800 public companies worth at least $5 billion and 170 private firms with minimum $1 billion funding, using a proprietary vitality index to assess growth prospects.

CrowdStrike (CRWD) reported strong Q3 FY2025 results, achieving significant milestones with total revenue reaching $1.01 billion, up 29% year-over-year, and Annual Recurring Revenue (ARR) growing 27% to $4.02 billion. The company generated $326.1 million in operating cash flow and $230.6 million in free cash flow. Subscription revenue increased 31% to $962.7 million, maintaining a non-GAAP subscription gross margin of 80%. Module adoption rates showed strong growth, with 66% of customers using five or more modules. The company reported a GAAP net loss of $16.8 million but achieved non-GAAP net income of $234.3 million.

CrowdStrike (CRWD) has expanded its distribution partnership with Ignition Technology to bring the Falcon cybersecurity platform to Ireland, following successful collaboration in the UK and Nordics where they achieved over 85% year-over-year growth in regional partner business. The expansion, announced at Fal.Con Europe, aims to drive customer demand for cybersecurity transformation and vendor consolidation. Ignition will leverage its go-to-market strategy and channel development expertise to deliver CrowdStrike's AI-native protection solutions across Irish enterprises.

CrowdStrike (NASDAQ: CRWD) has launched AI Red Team Services to enhance security for AI systems and Large Language Models (LLMs). The service aims to protect organizations against emerging threats like model tampering, data poisoning, and sensitive data exposure. Key features include proactive AI defense aligned with OWASP Top 10 LLM attack techniques, real-world adversarial emulations, and comprehensive security validation. The service provides security assessments to identify vulnerabilities and misconfigurations that could lead to data breaches, unauthorized code execution, or application manipulation.

CrowdStrike (NASDAQ: CRWD) announced the acquisition of Adaptive Shield, a leader in SaaS Security. This strategic move will make CrowdStrike the only cybersecurity vendor providing unified protection against identity-based attacks across the entire modern cloud ecosystem. The integration will deliver comprehensive SaaS Security Posture Management across 150+ applications, GenAI application security control, and unified hybrid identity and cloud security. The acquisition comes as cloud exploitation cases grew by 110% last year, with 75% of attacks being malware-free. The purchase will be paid predominantly in cash with a portion in stock, expected to close during CrowdStrike's fiscal fourth quarter.

CrowdStrike announced it will release its fiscal third quarter 2025 financial results on Tuesday, November 26, 2024, after U.S. market close. The company will host a conference call at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. A live webcast and audio replay will be available on CrowdStrike's investor relations website, with the replay accessible for one year.

CrowdStrike has been named a Leader in the 2024 GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs), achieving perfect 5/5 scores in key areas including API Security, Security Automation, Threat Hunting, Scalability, Cost, and Compliance. The company's Falcon® Cloud Security platform provides comprehensive protection for cloud infrastructure, applications, data, and AI models through a unified platform. This recognition comes as cloud exploitation cases increased by 110% over the past year. The platform differentiates itself through consolidated code-to-cloud protection, advanced runtime protection, and complete hybrid cloud security capabilities.

CrowdStrike (CRWD) has achieved the highest scores among evaluated vendors for Core Endpoint Protection and Managed Security Services Use Cases in the 2024 Gartner Critical Capabilities for Endpoint Protection Platforms report. This marks the second consecutive time the company has led in these categories. The company's Falcon cybersecurity platform, powered by AI-native endpoint protection, introduces innovative features like CrowdStrike Signal for detecting and protecting against evolving threats. The platform is enhanced by Falcon Complete MDR services, offering comprehensive protection. CrowdStrike was also named a Leader in the 2024 Gartner Magic Quadrant for EPP for the fifth consecutive time and received a 99% Willingness to Recommend score in the 2024 Gartner Peer Insights report.

CrowdStrike (NASDAQ: CRWD) is hosting its inaugural Fal.Con Europe in Amsterdam, November 5-7, following September's record-breaking Fal.Con 2024 in Las Vegas. The event brings together over 1,200 attendees from 400 organizations across 50 countries, featuring more than 65 breakout sessions on cybersecurity topics including AI, Cloud Security, and Threat Detection. The conference includes 14 customer-led sessions from organizations like Mercedes AMG Petronas F1 and Save the Children. More than 35 partner organizations are sponsoring, including Premier sponsors Amazon Web Services, Intel, and Dell.