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CrowdStrike stock drops nearly 20% as new subscriptions slow

Por: MarketWatch Politics November 29, 2022

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The company reported a fiscal third-quarter loss of $55 million, or 24 cents a share, compared with a loss of $50.5 million, or 22 cents a share, in the year-ago period. Adjusted net income, which excludes stock-based compensation and other items, was 40 cents a share, compared with 17 cents a share in the year-ago period. Revenue rose to $580.9 million from $380.1 million in the year-ago quarter. Annual recurring revenue, or ARR, a... + full article



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