CrowdStrike Holdings Inc. (CRWD) Tops Q1 EPS by 6c; Guides

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CrowdStrike Reports First Quarter Fiscal Year 2024 Financial Results

May 31, 2023 4:06 PM EDT

Achieves record revenue, GAAP and non-GAAP earnings, cash flow from operations and free cash flow Ending ARR grows 42% year-over-year to reach $2.73 billion, adding $174 million in net new ARR Delivers record GAAP subscription gross margin of 78% and record non-GAAP subscription gross margin of 80%

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 2024, ended April 30, 2023.

CrowdStrike's first quarter results exceeded... More