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22.07.2025 10:30:00
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Is CrowdStrike a Buy a Year After the Big IT Outage?
CrowdStrike (NASDAQ: CRWD) experienced the worst of times just one year ago. A faulty software update by the cybersecurity giant led to the world's biggest-ever information technology outage, canceling everything from flights to surgeries. At the time, insurers estimated it would cost U.S. Fortune 500 companies more than $5 billion, and over the past year, it's weighed on CrowdStrike's earnings too. The company rolled out "customer commitment packages" as a way to compensate for the upset.In spite of this challenge, though, CrowdStrike still has managed to grow -- with revenue climbing in the double digits -- and it's maintained strong relationships with customers. This has helped the stock advance more than 50% from the outage on July 19 of last year. Is CrowdStrike today, a year after the big IT outage, a buy? Let's find out.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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