CrowdStrike - Outstanding Q2'21 Results, Another Step Closer To Become The Leader In Cybersecurity
Future leader in Security Cloud, strong product growth, operating leverage and achievable long-term targets.
CrowdStrike (NASDAQ:CRWD) reported excellent results. The market was disappointed with the Q3’s prospect of slower growth, but we beg to differ. The company had almost doubled the number of clients, succeeded in offering more value to existing customers as they continued to onboard more modules and spend more, and finally posted impressive growth in operating margin and free cash flow.
Despite the disappointment in the market, -15% at pre-trading. We are happy to hold on to CrowdStrike.
CrowdStrike’s solution is superior and essential
CrowdStrike wants to be the leader in endpoint security. The product is superior to competitors such as Symantec or MacAfee due to its AI’s ability to learn whenever a customer suffers a security breach, creating a positive network effect that improves the system for all users.