CrowdStrike shares fell despite beating key metrics in Q2. Revenue rose 21% to $1.17 billion, beating estimates. Adjusted EPS was 93 cents, beating estimates. Net-new ARR hit $221 million. Management expects strong growth ahead. The stock dropped in after-hours trading due to conservative revenue guidance. The company’s Flex model is gaining traction with over 1,000 customers. CrowdStrike announced the acquisition of Onum to enhance its SIEM capabilities. Guidance for FY 2026 includes revenue of $4.75 billion to $4.81 billion and adjusted EPS of $3.60 to $3.72. CrowdStrike remains a leader in cybersecurity.

Read more at CNBC: We’re upgrading CrowdStrike despite a post-earnings stock drop