Welcome to our dedicated page for Crowdstrike Holdings news (Ticker: CRWD), a resource for investors and traders seeking the latest updates and insights on Crowdstrike Holdings stock.
CrowdStrike Holdings, Inc. (NASDAQ: CRWD) is a global cybersecurity company whose news flow centers on developments in cloud-native security, AI-driven protection, and identity security. Company announcements frequently highlight enhancements to the CrowdStrike Falcon platform, which is described as protecting endpoints and cloud workloads, identity, and data using the CrowdStrike Security Cloud and artificial intelligence.
Investors and observers following CRWD news can expect updates on new product capabilities and platform expansions, such as Falcon AI Detection and Response (AIDR), which the company describes as securing the AI prompt and agent interaction layer across enterprise AI development and workforce usage. News items also cover initiatives in Next-Gen Identity Security, including a definitive agreement to acquire SGNL, characterized as a leader in Continuous Identity, and a definitive agreement to acquire Seraphic Security, described as a leader in browser runtime security.
CrowdStrike’s news stream also includes earnings releases and financial updates, where the company reports subscription revenue, annual recurring revenue, and other performance metrics, along with commentary on its subscription models and platform adoption. In addition, CRWD news often features partnerships and ecosystem activity, such as collaborations with AWS, NVIDIA, HPE, and managed detection and response providers, as well as participation in accelerator programs for AI-driven cloud security startups.
Readers of the CRWD news page can use this feed to monitor product announcements, identity and browser security initiatives, AI security developments, financial results, independent evaluations such as MITRE ATT&CK Enterprise Evaluations, and strategic partnerships. Regular review of these updates can help provide context on how CrowdStrike is evolving its Falcon platform and positioning within the cybersecurity and AI security landscape.
CrowdStrike Holdings (CRWD) will host a virtual investor briefing on April 4, 2023, at 1:00 p.m. Pacific Daylight Time. Key presenters include George Kurtz, CEO, Burt Podbere, CFO, and Mike Sentonas, President. The briefing aims to provide insights into the company’s performance and future strategies. Investors can access a live webcast and replay via the investor relations section of CrowdStrike's website.
CrowdStrike is a leader in cybersecurity, offering cloud-delivered protection through its Falcon platform, which enhances security for endpoints and cloud workloads.
CrowdStrike reported a record fourth quarter for fiscal year 2023, achieving total revenue of $637.4 million, a 48% increase from the previous year. Annual Recurring Revenue (ARR) reached $2.56 billion, with a net new ARR of $222 million. Operating cash flow hit a record $273 million, while free cash flow was $209 million. However, GAAP net loss attributable to CrowdStrike was $47.5 million, compared to $42 million in Q4 fiscal 2022. For FY24, the company forecasts total revenue between $2.95 billion and $3.01 billion.
CrowdStrike (Nasdaq: CRWD) and Dell Technologies (NYSE: DELL) have formed a new strategic alliance aimed at enhancing cybersecurity for organizations globally. The partnership focuses on providing seamless and cost-effective solutions to manage cyber threats across various business sizes. The CrowdStrike Falcon platform is now available with volume licensing tailored for medium to large enterprises and public sector organizations, allowing for consolidation of spending and improved compliance. This collaboration aims to make cyber defense easier and more efficient.
CrowdStrike (NASDAQ: CRWD) has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Endpoint Protection Platforms for the third consecutive time. This acknowledgment highlights CrowdStrike's continued dominance in the cybersecurity market, driven by its innovative Falcon platform that encompasses endpoints, cloud security, identity protection, and data protection. With over 21,000 customers, CrowdStrike's pioneering work in Endpoint Detection and Response (EDR) is now expanding into eXtended Detection and Response (XDR), enhancing threat detection across various domains.
CrowdStrike Holdings, Inc. (Nasdaq: CRWD) will present at the Morgan Stanley Technology, Media & Telecom Conference on March 9, 2023, at 9:10 a.m. PST in San Francisco. CEO George Kurtz and CFO Burt Podbere will lead the presentation, which will be available as a live webcast on CrowdStrike's investor relations website. CrowdStrike is a leading cybersecurity provider, offering cloud-based protection for endpoints, cloud workloads, and identities through its advanced Falcon® platform. The platform enhances security with rapid deployment and superior performance, ensuring efficient protection across various markets.
CrowdStrike (CRWD) has released its 2023 Global Threat Report, highlighting significant trends in cybersecurity threats. The report identifies a 71% increase in malware-free attacks and notes a 112% rise in access broker ads on the dark web. Notably, cloud exploitation incidents surged 95%, with 'cloud-conscious' threat actors tripling in number.
Additionally, 33 new adversaries were identified, marking the highest increase in a year. The average breakout time for eCrime actors is now 84 minutes, down from 98 minutes in 2021. The report underscores escalating risks, particularly from China and eCrime groups.
CrowdStrike (NASDAQ: CRWD) has been recognized as the leader in the endpoint security market by IDC, marking the third consecutive year it secured the top position in their Worldwide Modern Endpoint Security Market Shares report. The report highlighted CrowdStrike's significant increases in endpoint revenue and market share compared to 25 other vendors. Additionally, the company received the 2023 SE Labs Award for Best EDR for the third time, showcasing its commitment to innovation in cybersecurity solutions. With over 21,000 customers relying on its Falcon platform, CrowdStrike aims to streamline security operations in a growing threat landscape.
CrowdStrike (NASDAQ: CRWD) launched its first commercial during the Big Game, targeting over 100 million viewers with their Protection That Powers You campaign. The ad highlights the importance of cybersecurity in the face of escalating cyber threats. CrowdStrike, known for its innovative cybersecurity solutions, reported an impressive $2.3 billion in annual recurring revenue (ARR) as of October 2022, serving over 20,000 customers globally, including numerous Fortune 500 companies. The 30-second spot was produced in collaboration with leading media firms and aims to reinforce the company's mission to stop breaches and secure digital landscapes.
CrowdStrike (Nasdaq: CRWD) has promoted Michael Sentonas to president, previously serving as CTO since 2020. He will lead product and go-to-market functions to enhance growth, aligning sales, marketing, and engineering teams. This move aims to consolidate customer cybersecurity needs through a robust platform encompassing XDR, cloud security, and identity protection. Sentonas emphasizes the company's promise to redefine cybersecurity, leveraging a lightweight, cloud-native architecture for optimal performance. He reports to co-founder and CEO George Kurtz, underscoring a commitment to scaling CrowdStrike’s operations further.
CrowdStrike Holdings (CRWD) will release its financial results for Q4 and fiscal year 2023, ending January 31, 2023, on March 7, 2023, post-market close. A conference call will follow at 2:00 PM PT (5:00 PM ET) to discuss the results. Investors can pre-register for the call and access a live webcast on the CrowdStrike investor relations website. The company is recognized as a global cybersecurity leader, delivering cloud-based protection for endpoints and data. The CrowdStrike Falcon platform leverages AI technology to enhance security performance through rapid deployment.