Crowdstrike Holdings Stock Price, News & Analysis

CrowdStrike Holdings (Nasdaq: CRWD) announced a virtual investor product briefing during its Fal.Con 2021 user conference. The event will take place on Tuesday, October 12, 2021, at 1:00 p.m. PDT. Presenters include CEO George Kurtz and CTO Mike Sentonas. Investors can access a live webcast and replay from the investor relations section of CrowdStrike’s website.

CrowdStrike offers cloud-delivered endpoint protection through its CrowdStrike Falcon® platform, utilizing artificial intelligence to safeguard against cyberattacks.

UiPath (NYSE: PATH) and CrowdStrike (NASDAQ: CRWD) have partnered to integrate RPA with endpoint security, enhancing visibility and protection against cyber threats. This collaboration provides joint customers with fortified security against various attacks, complete visibility into robot actions, and increased efficiency in threat response. Key features include full endpoint detection and response, real-time visibility for proactive threat management, and streamlined investigation processes. Overall, this partnership aims to bolster security in automation environments, improving business resilience.

CrowdStrike announces the launch of Falcon Forensics on GovCloud, receiving FedRAMP authorization to enhance incident response for government agencies. This solution aims to improve visibility and automate the analysis of attacker activity, significantly reducing response times to security incidents. In alignment with President Biden's cybersecurity Executive Order, Falcon Forensics provides in-depth forensic data, facilitates rapid investigation capabilities, and aims to enhance cyber resiliency among agencies.

CrowdStrike Inc. has released its annual Falcon OverWatch report, highlighting a 60% increase in attempted intrusions across all industries. The average breakout time for intruders has decreased to 1 hour and 32 minutes, indicating a rise in sophisticated cyberattack tactics. Notably, 68% of detections were malware-free, with China, North Korea, and Iran identified as the most active state-sponsored groups. The report also reveals a 100% increase in cryptojacking incidents and substantial activity targeting the telecommunications sector.

CrowdStrike has been honored as one of the 2021 PEOPLE Companies that Care, recognizing its commitment to employees, customers, and community impact. This marks CrowdStrike's debut on this prestigious list, with an impressive 96% of employees declaring it a great workplace, far exceeding the 59% average for U.S. companies. The award is based on insights drawn from over 5 million employee surveys, showcasing CrowdStrike's dedication to diversity, inclusion, and community support through initiatives like the CrowdStrike Foundation.

CrowdStrike Holdings (Nasdaq: CRWD) announced its participation in the Deutsche Bank 2021 Technology Conference. The event is scheduled for Thursday, September 9, 2021, at 10:10 a.m. PDT. A live webcast will be available on CrowdStrike's investor relations website, providing insight into its cloud-delivered endpoint protection and AI-driven security solutions.

Investors can access the presentation online at ir.crowdstrike.com.

CrowdStrike Holdings reported strong financial results for Q2 FY 2022, with total revenue reaching $337.7 million, a 70% year-over-year increase. The company achieved record net new ARR of $151 million, pushing its ending ARR to $1.34 billion, also up 70% year-over-year. Despite a GAAP loss from operations of $47.4 million, non-GAAP income from operations was $35.3 million. With strong customer growth and rising demand, CrowdStrike raised its full-year guidance, reflecting its robust market position and scalability.

CrowdStrike has been recognized as a leader in the IDC MarketScape for U.S. Managed Detection & Response Services, highlighting its Falcon Complete solution's strengths such as Breach Prevention Warranty and advanced threat hunting capabilities. The report evaluated 15 vendors, emphasizing Falcon Complete's comprehensive approach to security with 24/7 expert management. The growing demand for modern cybersecurity is noted, as well as CrowdStrike's significant achievements, including being ranked #1 for modern endpoint security revenue market share and leading various reputable assessments.