CrowdStrike shares fell 4% despite strong Q2 earnings due to reduced guidance

From CNBC: 2024-08-28 19:21:34

CrowdStrike shares fell 4% after strong Q2 results but reduced guidance due to a global outage. Revenue grew 32% to $963.9 million, net income rose to $47 million. A flawed update caused computer crashes, leading to problems for companies like Delta Airlines. Shareholders seeking damages. Company issued adjusted guidance for FY2025.



Read more at CNBC:: CrowdStrike (CRWD) Q2 earnings report 2025