CrowdStrike predicts weak Q3 revenue due to customer retention efforts post software update. Q2 results were positive, but stock fell 3% after forecast announcement. Incentive program to impact revenue by $10-15 million each quarter. $51 million allocated for outage-related costs. Q3 revenue forecasted at $1.21-1.22 billion, adjusted profit expected to be 93-95 cents per share. Q2 revenue up 21% to $1.17 billion, with adjusted profit of 93 cents per share. Net loss of $77.7 million in Q2.
Read more at Yahoo Finance: CrowdStrike forecasts weak quarterly revenue as Windows-outage impact lingers (Aug. 27)
