💨 Abstract

Crowdstrike, a cybersecurity firm based in Austin, Texas, has forecasted first-quarter revenue slightly below estimates due to weak spending on its products. The company's shares dropped 6% in extended trading, as enterprise clients tighten security expenditures due to high inflation and an uncertain macroeconomic environment. For the first quarter, Crowdstrike expects revenue between $1.10-$1.11 billion, and $4.74-$4.8

Courtesy: theprint.in

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