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Here's Why CrowdStrike Is Rising Today

·2 min read
Here's Why CrowdStrike Is Rising Today
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Earnings season is over for the most part, but companies with irregular fiscal years (like CrowdStrike) are still reporting. The reason for today's move is positive results from CrowdStrike's third fiscal quarter, which ended on Oct. 31. CrowdStrike's annual recurring revenue climbed 67% year over year and is now at a rate of more than $1.5 billion.