"These results illustrate the resilience of our business and our team," Kurtz said during a call with investors. Despite a major software glitch, CrowdStrike's financial performance has remained strong.
"It was 'the most challenging event in our company history,' Kurtz said on Wednesday. The chaos caused by the software update had a significant financial impact but revealed the company's commitment to recovery.
CrowdStrike revised its annual revenue forecast to between $3.89 billion and $3.9 billion, lower than the expected $3.95 billion, showing a slight dip but not a major collapse.
Analyst Dan Ives described the incident as 'a black-eye moment' for CrowdStrike, highlighting investor concerns over customer retention and potential legal costs following the software outage.
[
Collection
]
[
|
...
]