CrowdStrike Earnings Beat Estimates ‘Despite Expected Headwinds’ From Global Outage
CrowdStrike Holdings reported better-than-expected third-quarter financial results on Tuesday after the cybersecurity company’s software triggered a global tech outage over the summer. CrowdStrike posted third-quarter adjusted earnings of 93 cents a share on revenue of $1.01 billion. Analysts surveyed by FactSet were expecting earnings of 81 cents a share on revenue of $983 million.