CrowdStrike beats Q3 estimates on cybersecurity demand

Investing.com -- Cybersecurity firm CrowdStrike Holdings Inc (NASDAQ: CRWD) on Tuesday reported a better than expected quarterly earnings on the back of strong demand for its cybersecurity products at a time when there is growing online challenges spurred by the use of artificial intelligence (AI).

Its third-quarter revenue rose about 29% to $1.01 billion, beating estimates of $982 million.

It reported an a profit per share of 93 cents, above expectations of 81 cents.

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