CrowdStrike beats Q3 estimates on cybersecurity demand
Investing.com -- Cybersecurity firm CrowdStrike Holdings Inc (NASDAQ: CRWD) on Tuesday reported a better than expected quarterly earnings on the back of strong demand for its cybersecurity products at a time when there is growing online challenges spurred by the use of artificial intelligence (AI).
Its third-quarter revenue rose about 29% to $1.01 billion, beating estimates of $982 million.
It reported an a profit per share of 93 cents, above expectations of 81 cents.