01.12.2024 11:35:00
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CrowdStrike Shares Dip Despite Strong Showing. Is This a Golden Opportunity to Buy the Stock?
Share prices of CrowdStrike (NASDAQ: CRWD) fell after the company reported its fiscal third-quarter results, as it continues to deal with the aftermath of the network outage that affected its clients earlier this year. The stock, nonetheless, has largely recovered from that incident and is up about 36% on the year as of this writing, even after the post-earnings pullback.Let's take a closer look at the cybersecurity company's most recent results to see whether this dip is a good opportunity to buy the stock.While the big outage from this summer continues to affect CrowdStrike, the company is managing it well and seeing 97% gross customer retention in the quarter. However, it said the incident has caused an extended sales cycle and increased scrutiny around customers approving deals. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
CrowdStrike | 374,05 | 1,78% |
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