CrowdStrike (CRWD) Dips Despite Strong Q1 Earnings and Guidance

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CrowdStrike Reports First Quarter Fiscal Year 2023 Financial Results

June 2, 2022 4:05 PM EDT

Ending ARR grows 61% year-over-year to $1.9 billion with over $190 million in net new ARR Cash flow from operations grows 46% year-over-year to a record $215 million and free cash flow grows 34% year-over-year to a record $158 million Raises revenue and profit guidance for fiscal year 2023

AUSTIN, Texas--(BUSINESS WIRE)-- CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a global cybersecurity leader that provides cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced financial results for the first quarter fiscal year 2023, ended April 30, 2022.

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