CrowdStrike Holdings, Inc. - CRWD STOCK NEWS

CrowdStrike (NASDAQ: CRWD) has appointed Kartik Shahani as vice president of India and SAARC. With over 30 years of IT and cybersecurity experience, Shahani will lead CrowdStrike's regional go-to-market strategy to accelerate growth and customer adoption of the CrowdStrike Falcon® platform. Previously, Shahani served as managing director of India/SAARC at Tenable and held leadership roles at Dell EMC, IBM, and McAfee.

This appointment comes as CrowdStrike expands its global footprint, with India and SAARC being important markets. The company recently opened a new 52,000 square foot office in Pune, demonstrating significant investment in regional operations. Shahani's leadership is expected to play a key role in delivering innovation and platform capabilities to stop breaches for customers across the Asia-Pacific and Japan region.

CrowdStrike (NASDAQ: CRWD) announced record-breaking attendance for Fal.Con 2024, its flagship cybersecurity conference. The event, scheduled for September 16-19 at the ARIA in Las Vegas, will host 6,000 in-person attendees from 60 countries, representing 2,300 organizations. Attendees will have access to over 200 breakout sessions covering various cybersecurity topics, including Cloud Security, AI-Native SOC, and Identity Threat Detection. The conference will feature 70 customer-led best practice sessions from leading companies like Charles Schwab and Paramount. With nearly 100 partner sponsors, including AWS, Dell, and Intel as Premier sponsors, Fal.Con 2024 aims to shape the future of cybersecurity and guide organizations through platform consolidation with CrowdStrike.

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) has announced its participation in two upcoming investor conferences. The company will present at the Citi Global TMT Conference in New York on September 4, 2024, at 12:30 p.m. EDT, and the Goldman Sachs Communacopia + Technology Conference in San Francisco on September 11, 2024, at 3:45 p.m. PDT.

These presentations offer investors and analysts an opportunity to gain insights into CrowdStrike's business strategies and market position. Both events will be webcast live and archived on CrowdStrike's investor relations website, providing access to those unable to attend in person.

CrowdStrike (NASDAQ: CRWD) has been named a Leader in the 2024 Frost Radar™: Global Cloud Workload Protection Platform (CWPP) for the second consecutive year. The company was recognized for its innovation and growth, particularly its ability to simplify and scale cloud security through a unified platform. CrowdStrike Falcon® Cloud Security provides code-to-cloud protection to stop cloud breaches, addressing the 110% growth in cloud exploitation cases over the past year.

CrowdStrike's approach goes beyond visibility and posture, offering comprehensive protection across infrastructure, workloads, applications, APIs, and data. The company's cloud detection and response (CDR) capabilities, integrated with its CNAPP solution, have made it one of the fastest-growing players in the industry according to Frost & Sullivan.

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) has announced an upcoming investor briefing scheduled for September 18, 2024, during its Fal.Con 2024 customer conference in Las Vegas. The presentation is set to begin at 11:00 a.m. PDT.

Due to space, pre-registration is required for analysts and investors interested in attending. Those wishing to participate should contact CrowdStrike's Investor Relations team at investors@crowdstrike.com.

For those unable to attend in person, a live webcast of the briefing will be available, with a replay accessible from the investor relations section of CrowdStrike's website at ir.crowdstrike.com.

CrowdStrike (CRWD) reported strong Q2 fiscal 2025 results, with total revenue up 32% year-over-year to $963.9 million. The company's Annual Recurring Revenue (ARR) grew 32% to $3.86 billion, adding $217.6 million in net new ARR. CrowdStrike's GAAP net income increased more than 5x year-over-year to $47 million, while non-GAAP net income grew 45% to $260.8 million. The company generated record Q2 operating cash flow of $326.6 million and free cash flow of $272.2 million. CrowdStrike's CEO highlighted the resilience of their business and platform, with LogScale Next-Gen SIEM, Identity Protection, and Cloud Security surpassing $1 billion in combined ending ARR. The company provided guidance for Q3 and full fiscal year 2025, expecting continued growth in revenue and non-GAAP income.

CrowdStrike (NASDAQ: CRWD) has announced additional safeguards for NVIDIA NIM Agent Blueprints using its AI-native Falcon cybersecurity platform. This collaboration aims to accelerate generative AI innovation while ensuring security for developers leveraging open-source foundational models.

NVIDIA NIM Agent Blueprints are reference applications that streamline the development of enterprise generative AI applications, such as customer service chatbots and drug discovery. CrowdStrike's support for these blueprints enables secure and efficient development of customized generative AI applications using the latest open-source models available with NVIDIA NIM.

This partnership underscores CrowdStrike's commitment to pioneering AI-native cybersecurity and securing AI systems driving the generative AI revolution.

CrowdStrike's 2024 Threat Hunting Report reveals alarming trends in cybersecurity threats. North Korean hackers infiltrated over 100 U.S. tech companies using false identities. Hands-on-keyboard intrusions increased by 55%, with eCrime actors responsible for 86% of these attacks. Abuse of Remote Monitoring and Management (RMM) tools grew by 70%, accounting for 27% of hands-on intrusions.

The report highlights a rise in cross-domain attacks and cloud control plane exploits. Adversaries are increasingly using legitimate credentials to bypass security measures and blend in as authentic users. The technology sector remains the most targeted for the seventh consecutive year, with a 60% increase in attacks.

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) has announced the date for its fiscal second quarter 2025 financial results conference call. The company will release its financial results for the quarter ended July 31, 2024, after the U.S. market close on Wednesday, August 28, 2024. A conference call to discuss the results will be held on the same day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time).

Interested parties can register for the live event through a provided link. The conference call will be accessible via a live webcast, along with the financial results press release, on CrowdStrike's investor relations website. An audio webcast replay of the call will be available on the website for one year following the event.