#RevenueGrowth

CrowdStrike still doesn’t know how much its Falcon flame-out will cost

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November 27, 2024 at 02:30AM CrowdStrike reports $1.01 billion in Q3 revenue, a 29% increase, but faces a $17 million loss and uncertain impacts from a July software crash. CFO warns of delayed customer renewals, despite offering incentives. CEO remains optimistic about product demand, though investors reacted negatively, dropping shares in after-hours trading. ### Meeting … Read more

Akamai Reports Third Quarter 2024 Financial Results

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November 18, 2024 at 04:55PM Akamai Technologies reported a $1.005 billion revenue for Q3 2024, a 4% increase year-over-year, with strong growth in security and cloud computing solutions. However, GAAP net income fell 64%. An $82 million restructuring charge impacted income metrics. The company remains optimistic about future product traction and performance. ### Meeting Takeaways … Read more