Crowdstrike Holdings Stock Price, News & Analysis

CrowdStrike (NASDAQ: CRWD) has announced the launch of its second annual Cybersecurity Startup Accelerator in collaboration with Amazon Web Services (AWS) and NVIDIA. The program aims to support innovative startups in the U.S. and EMEA, offering mentorship, technical expertise, funding, and go-to-market opportunities. Applications are open from September 16, 2024 to January 10, 2025.

Selected startups will participate in a free eight-week program with access to industry experts, executives, and global cybersecurity investors. Benefits include up to $25,000 in AWS Activate credits and the opportunity to present at a Demo Day during the RSA Conference in April 2025. Winning presentations may receive funding from the CrowdStrike Falcon Fund.

CrowdStrike (NASDAQ: CRWD) has expanded its partnership with 1Password to enhance security for 150,000 customers, focusing on small and midsize businesses (SMBs). The collaboration offers an easy-to-use bundle that combines CrowdStrike Falcon® Go with 1Password Extended Access Management (XAM), providing enterprise-grade protection against ransomware and data breaches.

This partnership aims to address the challenges faced by SMBs in the complex cybersecurity landscape, including IT resources and budget constraints. The bundle integrates next-gen antivirus from Falcon Go with 1Password XAM, reducing costs and complexity in securing identities, applications, and devices for SMBs.

CrowdStrike (NASDAQ: CRWD) announced a record 97 partners as exhibiting sponsors at Fal.Con 2024, the premier cybersecurity conference. The event, taking place September 16-19 in Las Vegas, will host 6,000 attendees from 2,300 organizations across 60 countries. Key sponsors include AWS, Dell, Google Cloud, and Intel.

The conference features a Global Partner Summit, the Fal.Con Hub for live demos, and a Partner Power Theatre. Breakout sessions will cover topics like Cloud Security, AI security, and IT Automation. The event also includes a Women in Cyber Lunch, highlighting CrowdStrike's commitment to diversity in the industry.

CrowdStrike's partner-first approach is central to their 'we stop breaches' mission, with the Falcon platform serving as the foundation for ecosystem innovations and go-to-market initiatives.

CrowdStrike (NASDAQ: CRWD) has appointed Kartik Shahani as vice president of India and SAARC. With over 30 years of IT and cybersecurity experience, Shahani will lead CrowdStrike's regional go-to-market strategy to accelerate growth and customer adoption of the CrowdStrike Falcon® platform. Previously, Shahani served as managing director of India/SAARC at Tenable and held leadership roles at Dell EMC, IBM, and McAfee.

This appointment comes as CrowdStrike expands its global footprint, with India and SAARC being important markets. The company recently opened a new 52,000 square foot office in Pune, demonstrating significant investment in regional operations. Shahani's leadership is expected to play a key role in delivering innovation and platform capabilities to stop breaches for customers across the Asia-Pacific and Japan region.

CrowdStrike (NASDAQ: CRWD) announced record-breaking attendance for Fal.Con 2024, its flagship cybersecurity conference. The event, scheduled for September 16-19 at the ARIA in Las Vegas, will host 6,000 in-person attendees from 60 countries, representing 2,300 organizations. Attendees will have access to over 200 breakout sessions covering various cybersecurity topics, including Cloud Security, AI-Native SOC, and Identity Threat Detection. The conference will feature 70 customer-led best practice sessions from leading companies like Charles Schwab and Paramount. With nearly 100 partner sponsors, including AWS, Dell, and Intel as Premier sponsors, Fal.Con 2024 aims to shape the future of cybersecurity and guide organizations through platform consolidation with CrowdStrike.

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) has announced its participation in two upcoming investor conferences. The company will present at the Citi Global TMT Conference in New York on September 4, 2024, at 12:30 p.m. EDT, and the Goldman Sachs Communacopia + Technology Conference in San Francisco on September 11, 2024, at 3:45 p.m. PDT.

These presentations offer investors and analysts an opportunity to gain insights into CrowdStrike's business strategies and market position. Both events will be webcast live and archived on CrowdStrike's investor relations website, providing access to those unable to attend in person.

CrowdStrike (NASDAQ: CRWD) has been named a Leader in the 2024 Frost Radar™: Global Cloud Workload Protection Platform (CWPP) for the second consecutive year. The company was recognized for its innovation and growth, particularly its ability to simplify and scale cloud security through a unified platform. CrowdStrike Falcon® Cloud Security provides code-to-cloud protection to stop cloud breaches, addressing the 110% growth in cloud exploitation cases over the past year.

CrowdStrike's approach goes beyond visibility and posture, offering comprehensive protection across infrastructure, workloads, applications, APIs, and data. The company's cloud detection and response (CDR) capabilities, integrated with its CNAPP solution, have made it one of the fastest-growing players in the industry according to Frost & Sullivan.

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) has announced an upcoming investor briefing scheduled for September 18, 2024, during its Fal.Con 2024 customer conference in Las Vegas. The presentation is set to begin at 11:00 a.m. PDT.

Due to space, pre-registration is required for analysts and investors interested in attending. Those wishing to participate should contact CrowdStrike's Investor Relations team at investors@crowdstrike.com.

For those unable to attend in person, a live webcast of the briefing will be available, with a replay accessible from the investor relations section of CrowdStrike's website at ir.crowdstrike.com.

CrowdStrike (CRWD) reported strong Q2 fiscal 2025 results, with total revenue up 32% year-over-year to $963.9 million. The company's Annual Recurring Revenue (ARR) grew 32% to $3.86 billion, adding $217.6 million in net new ARR. CrowdStrike's GAAP net income increased more than 5x year-over-year to $47 million, while non-GAAP net income grew 45% to $260.8 million. The company generated record Q2 operating cash flow of $326.6 million and free cash flow of $272.2 million. CrowdStrike's CEO highlighted the resilience of their business and platform, with LogScale Next-Gen SIEM, Identity Protection, and Cloud Security surpassing $1 billion in combined ending ARR. The company provided guidance for Q3 and full fiscal year 2025, expecting continued growth in revenue and non-GAAP income.