Research archive for CRWD

In today's digital age, our lives are increasingly intertwined with the online world, making us susceptible to cybercriminals.

On Tuesday, our preferred cybersecurity company CrowdStrike released quarterly results, which were very well received. The stock shot up 24% in after-market trade but only ended up 10% the next day. We'll take it.

CrowdStrike has had a phenomenal 12 months, up nearly 150% since January 2023. Up until September, it was tracking the Nasdaq but then exploded higher in the last three months of the year. As it turns out, this business is one of the best direct AI plays on the market.

CrowdStrike, one of our "future hero" stocks, reported market-beating numbers on Tuesday night, and the share price popped 10% yesterday. You will recall that CrowdStrike is a leading cybersecurity company, that uses AI to identify threats in real time without draining too many resources from your computer or phone.

CrowdStrike is Vestact's most "out there" recommended stock. It's a cybersecurity software service provider that is growing fast. CrowdStrike jumped 9.3% yesterday after reporting strong second quarter numbers. Their revenue shot up nearly 37% year-on-year to $731.6 million. Earnings per share also grew from $0.36 to $0.74, surprising everyone in a good way.

CrowdStrike reported earnings on Wednesday which beat on almost every metric. The company is still growing fast, sales increased 42% year-on-year, gross margins came in at a whopping 78% and operating income grew 40%.

On Tuesday night, CrowdStrike, one of our 'Future Hero' holdings, reported strong results. The cybersecurity company posted a top and bottom line beat, and the share price gained 3% yesterday. It's nice to see positive pops, given recent pressure on stock prices.

CrowdStrike offers cybersecurity software and consulting services, and is a Vestact-recommended portfolio holding. It's probably our most future-focused and ambitious pick yet, because it's not profitable.

Last week, Vestact recommended stock CrowdStrike released a good set of quarterly numbers that handily beat analysts' expectations. The Sunnyvale, California-based cybersecurity company grew its earnings per share by 227% to 36 cents, while revenues jumped 58% to $535.2 million. Additions of new corporate subscribers to their security products continue to grow.

Late last week, cybersecurity company CrowdStrike released quarterly results which looked impressive. Annual recurring revenues (ARR) seems to be the metric that analysts really pay attention to here, because it looks at locked-in clients and excludes consulting jobs that were once off in nature. ARR grew 61% year over year, resulting in a 61% growth in revenues and a 46% increase in cash flow from operations.

Our latest recommended stock is cybersecurity company CrowdStrike. There are now 156 Vestact clients who own their shares. My favourite finance podcast, The Compound and Friends, recently interviewed the founder and CEO George Kurtz. I must say, I learnt a lot about the company in 30 minutes.

The newest recommended stock in the Vestact portfolio is cybersecurity company CrowdStrike. It's smaller than the others on our list, with a market capitalisation of just $43.7 billion. One of our "future heroes" we think.

On Wednesday night, Crowdstrike, one of our 'future hero' stocks reported their latest numbers. The stock has had a very volatile year so far. It started the year at $200, dropped to $175, then soared to $298 and is now back at $209. Your view of the stock will be very different depending on when you bought it.

On Tuesday after the market close, CrowdStrike released a good set of quarterly numbers that beat analysts' expectations. The Sunnyvale, California-based cybersecurity company grew its earnings per share by 266% to 11 cents, while revenues jumped 70% to $337.7 million year-on-year thanks to 1 660 new corporate subscribers, bringing the total to 13 080.

Yesterday big tech companies met with officials at the White House and committed billions of dollars towards cybersecurity initiatives. As the world digitises and we become more connected online, we become more vulnerable to cyber-attacks. Data theft and the interruption of crucial systems can impact millions of people. Governments around the world are pushing both private and public operators to protect their data.