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The Big Problem With CrowdStrike Stock

The Big Problem With CrowdStrike Stock

If you set aside analyst expectations, CrowdStrike (NASDAQ: CRWD) is doing just fine. CrowdStrike's customer count expanded by 44% year over year, and 60% of customers are now using at least five of the company's modules. The company did note that sales cycles are getting longer with smaller customers, and that some larger customers are tweaking subscription start dates in ways that push back revenue recognition.