- CrowdStrike had a record first quarter of fiscal year 2025, exceeding their guided metrics and achieving record levels of net new ARR, ending ARR, subscription gross margin, and free cash flow.
- The company highlighted several customer wins, demonstrating the Falcon platform’s ability to consolidate multiple security vendors and deliver superior cybersecurity outcomes. A large healthcare provider, locked into a contract with Broadcom and facing pressure to adopt a multi-platform hardware provider’s password products, found a solution in CrowdStrike’s Identity Threat Protection module. This module was deployed on over 100,000 devices, allowing the healthcare provider to replace both Broadcom and the hardware provider. The implementation of CrowdStrike’s Identity Threat Protection led to a significant improvement in response time to identity-based attacks, with an 85% reduction in the meantime to respond. This success story highlights how CrowdStrike facilitated a significant cyber transformation for the customer, enhancing their security posture and operational efficiency.
- The company’s cloud security business is also experiencing significant growth, driven by the increasing adoption of cloud technologies and the rise of AI.
Other earnings visualization
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