CrowdStrike (CRWD) Falls 3% After-Hours Despite Q2 Beat/Raise on 70% Revenue Growth

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CrowdStrike Reports Second Quarter Fiscal Year 2022 Financial Results

August 31, 2021 4:05 PM EDT

Achieves ending ARR of $1.34 billion driven by record net new ARR of $151 million and adds a record 1,660 net new subscription customers in the quarter

SUNNYVALE, Calif.--(BUSINESS WIRE)-- CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint and workload protection, today announced financial results for the second quarter fiscal year 2022, ended July 31, 2021.

"CrowdStrike delivered an outstanding second quarter with rapid subscription revenue growth and record net new ARR generated in the quarter. We saw strength in multiple areas of the business, added $151 million in net new ARR and... More