CrowdStrike raises annual revenue forecast on strong cybersecurity demand
CrowdStrike raised its annual revenue forecast after beating second-quarter earnings estimates, reporting revenue of $1.47 billion, surpassing expectations. The company now projects full-year revenue between $5.991 billion and $6.01 billion, up from a prior estimate of $5.91 billion to $5.96 billion. This reflects strong demand for its cybersecurity solutions amid rising AI-related hacking risks.