CrowdStrike Holdings faced a $60 million loss in its sales pipeline due to a software update that caused significant technology issues affecting customers at airports and beyond.
'Our mission is alive and well, and I know that CrowdStrike's very best days are ahead of us,' said CEO George Kurtz, acknowledging the challenges faced after the outage.
Despite the setbacks, CrowdStrike remains optimistic about closing the $60 million in deals by January 2025, owing to customer faith in their cybersecurity products.
After a significant stock drop post-outage, CrowdStrike's shares have recovered slightly, reflecting investors' renewed confidence underpinned by positive quarterly earnings that exceed projections.
[
Collection
]
[
|
...
]