- CrowdStrike's results on Wednesday will offer a first look at the financial implications of the global cyber outage that paralyzed Microsoft Windows operating system last month, with investors keen to understand the impact on the cybersecurity firm's reputation and whether it has led to potential market share losses to rivals.
The outage may have compromised CrowdStrike's ability to negotiate with clients on its terms and acquire new deals, giving rivals an opportunity to seize market share in the short term. The company is expected to report a 31% jump in revenue for the quarter ended July, according to analysts polled by LSEG.
However, "with competitors like Palo Alto Networks ready to pick up lost business, CrowdStrike has to mount a charm offensive to win back trust in partners and customers," said Gadjo Sevilla, senior analyst for technology at Emarketer. Cheer Holding's Intelligent Operation Data Management Method and System Obtained a National Invention Patent