Technology

CrowdStrike reports Q3 revenue up 53% YoY to $581M, vs. $574M est., subscription customers up 44% YoY to 21,146; stock drops 17% on weaker-than-expected growth (Ashley Capoot/CNBC)

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CrowdStrike reports Q3 revenue up 53% YoY to $581M, vs. $574M est., subscription customers up 44% YoY to 21,146; stock drops 17% on weaker-than-expected growth (Ashley Capoot/CNBC)
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Ashley Capoot / CNBC:

CrowdStrike reports Q3 revenue up 53% YoY to $581M, vs. $574M est., subscription customers up 44% YoY to 21,146; stock drops 17% on weaker-than-expected growth  —  – CrowdStrike shares dropped 18% after the company reported third-quarter results that beat estimates but said new revenue growth was weaker than expected.



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