CrowdStrike: With Growth Ready to Accelerate, Is It Time to Buy the Stock?

CrowdStrike (NASDAQ: CRWD) has been seeing its annual recurring revenue (ARR) growth continually decelerate over the past several quarters, but the stock got a lift after the company predicted this important metric would begin to accelerate in the second half. ARR is the annualized value of its high gross-margin subscription contracts and doesn't include its low-margin, less predictable professional services revenue.Let's take a closer look at the cybersecurity company's results and see if now is the time to jump into the stock.Despite the stock's strong rebound following its well-publicized IT outage last year, CrowdStrike has been seeing its ARR growth continue to decelerate in the quarters following the incident.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool