CrowdStrike soars 12% on earnings beat and raised guidance as it benefits from surge in remote workers

Business Insider Australia | Jun 3, 2020 at 5:27 PM
  • CrowdStrike soared as much as 12% to $US103.76 on Wednesday after reporting strong fiscal first quarter earnings that beat analyst estimates.
  • The cybersecurity firm crushed its own first quarter revenue guidance as it benefited from a surge in remote workers due to the coronavirus pandemic.
  • CrowdStrike added 830 new subscription customers in the first quarter, bringing its total subscription base to 6,261 customers.