News

CrowdStrike shares tumble on weaker-than-expected growth in new revenue

  • cnbc.com--Biztoc.com
  • published date: 2022-11-30 02:16:03 UTC

CrowdStrike shares dropped 18% after the company reported third-quarter results that beat estimates but said new revenue growth was weaker than expected. - CEO George Kurtz blamed disappointing new annual recurring revenue on "macroeconomic headwinds." CrowdS…

CrowdStrike shares dropped 18% after the company reported third-quarter results that beat estimates but said new revenue growth was weaker than expected. - CEO George Kurtz blamed disappointing new … [+963 chars]