CrowdStrike exceeded expectations in Q3 with a 22% increase in revenue to $1.23 billion and an EPS of 96 cents. The company’s Falcon platform is key in the cybersecurity industry. CEO George Kurtz highlighted the importance of AI in protecting against evolving threats. CrowdStrike raised its full-year guidance and saw strong growth in net new annual recurring revenue. The stock is up 51% YTD.

Read more at CNBC: We’re raising our CrowdStrike price target following a beat and raise quarter