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CrowdStrike shares surge over 11% in extended trading after Q2 earnings beat estimates, driven by AI cybersecurity demand
CrowdStrike (CRWD) reported fiscal second-quarter revenue jumped 26% year-over-year, with CEO George Kurtz calling it "the best quarter in CrowdStrike's history." The company also lifted its full-year revenue outlook to between $5.99 billion and $6.01 billion, exceeding analyst estimates. The strong performance is attributed to surging demand for advanced security tools, fueled by increasing threats from frontier AI models like Anthropic's Mythos.
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