
CrowdStrike Holdings Inc. has seen a rebound following a significant outage in July 2024, aided by expanding partnerships with managed security service providers (MSSPs), according to CEO George Kurtz. In a recent interview, Kurtz highlighted the worsening cyber threat environment, attributing it to escalating geopolitical tensions. Additionally, he revealed that the company's estimated compensation strategy post-outage was originally projected at $60 million over two quarters, but actual expenses reached $86 million. Jim Cramer, a prominent financial commentator, continues to support CrowdStrike, purchasing shares for his Charitable Trust despite recent price drops and asserting that bearish analysts have misjudged the company's potential.
🔒 Jim Cramer is standing by CrowdStrike $CRWD, buying shares for his Charitable Trust despite a recent drop. He believes bearish analysts “had it wrong.” In an interview with CEO George Kurtz, key takeaways included: ⚡ Cyber threats are escalating due to geopolitical tensions… https://t.co/MbtwfQ8xve
$CRWD | CrowdStrike CEO George Kurtz: Initially Co Estimated Compensation Strategy Post-Outage to Be $60 Mln Over Two Quarters, but the Actual Expenses Amounted to $86 Mln - Morgan Stanley TMT Conf
CrowdStrike CEO George Kurtz told @jimcramer on Wednesday that the cyber threat environment is only getting worse. https://t.co/1IanqHbxhS