Crowdstrike Holdings Stock Price, News & Analysis

CrowdStrike (Nasdaq: CRWD) has launched Humio for Falcon, enhancing data retention for its Falcon telemetry to over a year. This capability allows security teams to analyze vast amounts of enriched data, improving threat hunting and compliance efforts. Humio’s index-free architecture offers sub-second search results, enabling organizations to detect advanced persistent threats quickly. Users like Tuesday Morning have reported savings of approximately $150,000 in their first year of use, showcasing both cost-effectiveness and enhanced investigative capabilities.

Talon Cyber Security announces a new integration with CrowdStrike (CRWD), enhancing endpoint protection for devices used by employees and contractors. This partnership allows TalonWork, Talon's secure browser, to integrate with CrowdStrike's Falcon X, providing advanced security to unmanaged devices. The integration offers malware analysis capabilities, ensuring safety for all endpoints accessing corporate resources. This strategic move aims to address cybersecurity risks associated with unmanaged devices, empowering organizations with increased control and visibility.

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) will present at several investor conferences on June 7-8, 2022. Notably, they will participate in the Baird 2022 Global Consumer, Technology & Services Conference in New York City at 3:10 p.m. EDT and the BofA Securities 2022 Global Technology Conference in San Francisco at 1:35 p.m. PDT, both on June 7. Additionally, they will speak at the Stifel 2022 Cross Sector Insight Conference in Boston at 8:35 a.m. EDT on June 8. Live webcasts of these presentations will be available on their investor relations website.

CrowdStrike reported impressive financial results for Q1 FY2023, with total revenue soaring to $487.8 million, up 61% year-over-year. Annuity Revenue (ARR) reached $1.92 billion, marking a 61% growth, including $190 million in net new ARR. Cash flow from operations was a record $215 million, while free cash flow increased to $158 million. The company raised its revenue and profit guidance for FY2023, reflecting its strong market position and growth potential amidst an expanding customer base.

CrowdStrike (Nasdaq: CRWD) has announced the launch of its Falcon Identity Threat Protection module tailored for U.S. public sector organizations, now available in the GovCloud-1 environment. This product supports Federal Risk and Authorization Management Program (FedRAMP) standards and addresses identity-based threats, crucial for federal and state agencies. The integration facilitates multi-factor authentication and ensures visibility of identity infrastructures, aligning with the Zero Trust Architecture principles highlighted in the White House's Executive Order on cybersecurity.

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) will announce its fiscal Q1 2023 financial results on June 2, 2022, post U.S. market close. A conference call will take place at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results. Investors can access the press release and live webcast via the CrowdStrike Investor Relations website. A telephonic replay will be available until June 9, 2022, and an audio webcast replay will be accessible for one year. CrowdStrike specializes in cloud-delivered cybersecurity solutions for endpoints and workloads.

CrowdStrike (NASDAQ: CRWD) has enhanced its Falcon platform by introducing new capabilities for its Cloud Native Application Protection Platform (CNAPP). These updates aim to boost threat hunting and reduce response times in cloud environments, integrating features from Falcon Horizon and Falcon Cloud Workload Protection (CWP). Key improvements include a centralized console, automated remediation workflows for AWS, and enhanced security measures for Azure and Google Cloud. The adversary-focused approach provides comprehensive visibility and can help organizations secure their multi-cloud infrastructures. The new features will be available to customers in May.