CrowdStrike Holdings Sees Remarkable Q4 Financial Results
Wednesday, 6 March 2024, 12:27
Strong Growth in Q4 Financials
Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ: CRWD) reported a sharp increase in adjusted earnings and revenues for the fourth quarter of 2024, surpassing expectations.
Key Highlights:
- Total revenue rose by 33% year-over-year to $845.3 million.
- Subscription revenue increased by 33% and Professional Services revenue by 26%.
The company posted adjusted earnings of $0.95 per share, more than double the previous period, and net income of $53.7 million in Q4.
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