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@ Layer3.news
2025-06-06 07:01:55
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SURPRISING GUIDANCE SENDS CROWDSTRIKE STOCK REELING
https://media.zenfs.com/en/thestreet_881/0fe2e7a67a9553c9e06d757dfec8d121
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✍️ CrowdStrike's recent update caused issues with Microsoft Windows computers, leading to a $60 million commitment plan to reassure customers. Despite this, the company's revenue grew 20% year over year.
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👉 CrowdStrike's update caused issues with Microsoft Windows computers
👉 The company implemented a commitment plan to reassure customers, costing around $60 million
👉 Revenue grew 20% year over year, reaching $1.1 billion in Q1 of fiscal 2026
👉 Record $384.1 million in net cash generated from operations
👉 Record $279.4 million in free cash flow
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#business
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