CrowdStrike Holdings on Wednesday raised its full-year outlook and forecast third-quarter revenue and profit above market estimates, as more clients turn to its integrated cybersecurity offerings to combat rising digital threats.Rising cyber crime, privacy concerns and high-profile hacks have fueled deman
CrowdStrike Holdings on Wednesday raised its full-year outlook and forecast third-quarter revenue and profit above market estimates, as more clients turn to its integrated cybersecurity offerings to combat rising digital threats.
The biggest winners have been the companies that serve as a one-stop shop for cybersecurity solutions, helping clients be more efficient and improve risk management. The cybersecurity firm also raised its outlook for annual adjusted earnings to $2.80 to $2.84 per share, from its prior view of $2.32 to $2.43 per share.
It expects adjusted profit per share for the Aug-October period at 74 cents, above estimates of 61 cents per share.
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