The company achieved an earnings per share of $0.93, outperforming the projected $0.83, which represents a 12.05% surprise. Revenue for the quarter was $1.17 billion, slightly above the anticipated $1.15 billion. These results indicate positive financial performance for the cybersecurity firm. Additionally, Piper Sandler has adjusted its price target for CrowdStrike to $450, down from $505, while maintaining a Neutral rating. The adjustment follows CrowdStrike's report that its Net New Annual Recurring Revenue returned to positive growth. This development comes as the company moves past the comparative period affected by last year's security incident. These recent developments highlight key financial and market activities surrounding CrowdStrike. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.