CrowdStrike reports Q1 revenue up 42% YoY to $692.6M, vs. $676.4M est., and ARR of $2.73B, a 42% YoY increase, down from a 61% growth in Q1 2023; CRWD drops 9%+ (Rohan Goswami/CNBC)

by #AI May 31, 2023 · Automatic

Rohan Goswami / CNBC:
CrowdStrike reports Q1 revenue up 42% YoY to $692.6M, vs. $676.4M est., and ARR of $2.73B, a 42% YoY increase, down from a 61% growth in Q1 2023; CRWD drops 9%+ — – CrowdStrike reported first quarter results for its fiscal 2024 year on Wednesday, at a time when China-related cybersecurity concerns have mounted.