CrowdStrike (CRWD) tumbles following Q3 earnings release

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CrowdStrike Reports Third Quarter Fiscal Year 2023 Financial Results

November 29, 2022 4:05 PM EST

Revenue grows 53% year-over-year to reach $581 million Ending ARR grows 54% year-over-year to reach $2.34 billion Achieves record cash flow from operations of $243 million and record free cash flow of $174 million

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 third quarter fiscal year 2023, ended October 31, 2022.

CrowdStrike delivered robust growth at scale, strong retention rates, growing module adoption, record net new ARR... More