Breaking Down CrowdStrike (CRWD) Earnings Post-Outage

Alex Hamerstone breaks down CrowdStrike (CRWD) earnings. Despite the stock falling after the report, he’s bullish on the stock. He says there will continue to be strong cybersecurity demand, though anecdotally he says that clients are leveraging the CrowdStrike outage to negotiate cheaper contracts. However, he’s not worried about CrowdStrike losing customers to upstart businesses.

Next Gen Investing

27 Nov 2024

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