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CrowdStrike reports first full quarter results after causing biggest worldwide tech disruption in history - Times of India
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onclick="stpPgtnAndPrvntDefault(event)"><span>CrowdStrike reports first full quarter results after causing biggest worldwide tech disruption in history</span></h1></div><div class="t8vf3 byline_action"><div class="xf8Pm byline"><a href="https://timesofindia.indiatimes.com/toireporter/author-TOI-Tech-Desk-479263800.cms" commonState="[object Object]" rel="noopener" frmappuse="1">TOI Tech Desk</a> / TIMESOFINDIA.COM / <span> Nov 28, 2024, 02:34 IST</span></div><div class="eg6hg" data-socialshare="115745114"><div class="okf2Z"><div class="nSsMM "><div class="CfcTh icon_share_wrap"><div class="LaAfQ"><i class="ZvS34 "></i><span>Share</span></div></div><a href="/articleshowprint/115745114.cms" class="p4Wx3" rel="noopener" title="print article" data-ga="WEB-articleshowv2|click|atf_print" ga4Data="[object Object]" commonState="[object Object]" frmappuse="1"></a><div class="MRCIT "><span>AA</span><div class="s9FOM"><button type="button" class="lTLxG">+</button><strong>Text Size</strong><ul><li class="" data-ga="WEB-articleshowv2|click|atfSize_small">Small</li><li class="gfVb7" data-ga="WEB-articleshowv2|click|atfSize_medium">Medium</li><li class="" data-ga="WEB-articleshowv2|click|atfSize_large">Large</li></ul></div></div></div><div class="undefined V5EgZ"><a href="https://news.google.com/publications/CAAqBwgKMM6y_Qowwu70Ag" target="_blank" rel="noopener noreferrer" commonState="[object Object]" frmappuse="1">Follow us <i></i></a></div></div></div></div></div><div class="clearfix"></div><div class="JuyWl CpKyX"><div class="vSlIC "><div class="heightCalc"><div class="art_synopsis"><div data-type="in_view" class=" "><div class="tCKCr id-r-synopsis"><div class="faiOF"><div class="WEwSo"><div class="M1rHh undefined" data-ua-type="1" onclick="stpPgtnAndPrvntDefault(event)">CrowdStrike rebounds from a faulty software update in July that caused widespread IT outages. Despite the disruption and a net loss of $16.8 million, the cybersecurity firm retained over 97% of its customers and achieved $1 billion in revenue, a 29% year-over-year increase. The company remains optimistic about future growth, focusing on managed security services and rebuilding trust.</div></div></div></div></div></div><div data-articlebody="1" class="fewcent-115745114 js_tbl_article"><div class="_s30J clearfix "><div class="MwN2O"> <div class="T22zO"><section class="D3Wk1 clearfix id-r-component leadmedia undefined undefined VtlfQ" style="top:0px"><div class="D3Wk1" data-ua-type="1" onclick="stpPgtnAndPrvntDefault(event)"><div class="zPaFh"><div class="wJnIp"><img src="https://static.toiimg.com/thumb/msid-115745113,imgsize-22650,width-400,resizemode-4/115745113.jpg" alt="CrowdStrike reports first full quarter results after causing biggest worldwide tech disruption in history" decoding="async" fetchpriority="high"/></div></div></div></section></div> </div>Cybersecurity<!-- --> firm <!-- -->CrowdStrike<!-- --> claims to have successfully weathered the storm caused by its faulty <!-- -->Falcon software update<!-- --> in July, reporting strong customer retention rates in its <!-- -->Q3 fiscal 2025 earnings<!-- --> call.<br/>Crowdstrike update pushed for in Microsoft devices on July 19 put caused the largest global <!-- -->IT outages<!-- --> in history. Several businesses around the world came to standstill for over 48 hours. The disruption put CrowdStrike’s reputation on the line. <br/>Despite the global IT outage, which tarnished the company's reputation, CEO <!-- -->George Kurtz<!-- --> emphasized that customers remained loyal, with a gross retention rate of over 97%.<br/>While the incident led to a net loss of $16.8 million, CrowdStrike's revenue still surged 29% year-over-year to $1 billion. The company attributed the loss to expenses related to the outage and customer commitment packages designed to mitigate its impact. CrowdStrike’s annual recurring revenue was up 27% year over year, but down from 35% a year prior. The company reiterated it anticipates ARR to increase in the second half of next year.<br/><div data-type="in_view" class=" "><div class="js_tbl_2ad"></div><div class="mgid_second_mrec_parent"><div id="taboola-mid-article-thumbnails-115745114" class="wdt-taboola" data-target_type="mix" data-mode="thumbnails-mid" data-placement="Mid Article Thumbnails 1" data-pagetype="article" style="max-height:415px;overflow:hidden" data-ua-type="2" onclick="stpPgtn(event)"></div></div></div>Looking ahead, CrowdStrike remains optimistic about its future growth, particularly in managed security services. The company is focused on rebuilding trust and capitalizing on its industry-leading technology to drive long-term success.<br/></div><div class="js_tbl_readmore_btn" data-ua-type="1" onclick="stpPgtn(event)"></div></div><div class="authorComment js_tblreadmore_hide"><div class="OtxlN" id="auhtor_widget"><div class="f2VrG"><div class="Mn6kH"><div data-pos="0" class="id-r-component QbQNS undefined "><div><img alt="author" msid="" width="" title="" placeholdersrc="https://static.toiimg.com/photo/83033472.cms" imgsize="23456" resizemode="4" offsetvertical="0" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/83033472.cms" class="" data-src="https://static.toiimg.com/photo/63379366.cms" data-api-prerender="true"/></div></div></div><div class="kgcOp"><div><h5>About the Author</h5><a href="https://timesofindia.indiatimes.com/toireporter/author-TOI-Tech-Desk-479263800.cms" class="mMwSH" commonState="[object Object]" frmappuse="1">TOI Tech Desk</a></div></div></div><div id="author_desc" class="GE1a7 oJgW0 "><p>The TOI Tech Desk is a dedicated team of journalists committed to delivering the latest and most relevant news from the world of technology to readers of The Times of India. TOI Tech Desk’s news coverage spans a wide spectrum across gadget launches, gadget reviews, trends, in-depth analysis, exclusive reports and breaking stories that impact technology and the digital universe. Be it how-tos or the latest happenings in AI, cybersecurity, personal gadgets, platforms like WhatsApp, Instagram, Facebook and more; TOI Tech Desk brings the news with accuracy and authenticity.<button class="Wcsek">Read More</button></p></div></div><div data-type="in_view" class=" "><div class=""><div class="ge4Md " style="min-height:75px"><div data-type="in_view" class="loadable-inview "><div><span class="UzraQ null"><span class="aQKeu loadeblecomponentloader"></span></span></div></div></div></div></div></div><div class="mj2wg"><span class="YdEiy">End of Article</span></div><div class="_MxBD"><div id="taboola-below-article-thumbnails-115745114" class="wdt-taboola" data-target_type="mix" data-mode="thumbnails-below" data-placement="Below Article Thumbnails 1" data-pagetype="article" data-ua-type="2" onclick="stpPgtn(event)"></div></div><div class="XNLUe noPaddingTitle"><div class="AUdBv"><div data-type="in_view" class=" "><div><div class="GfJ1c"><h2 class="MN8nd">Latest 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placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="1" hoveredslikeindex="1" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-115656522,width-600,resizemode-4/115656522.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Itel Color Pro 5G</p><p class="W4Hjm">₹9,199</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="1" class="slick-slide slick-active" tabindex="-1" aria-hidden="false" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/vivo-y18t?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="115656464" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="2" hoveredslikeindex="2" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-115656464,width-600,resizemode-4/115656464.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Vivo Y18T</p><p class="W4Hjm">₹9,499</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="2" class="slick-slide slick-active" tabindex="-1" aria-hidden="false" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/lava-blaze-3-5g?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="115557914" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="3" hoveredslikeindex="3" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-115557914,width-600,resizemode-4/115557914.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Lava Blaze 3 5G</p><p class="W4Hjm">₹11,499</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="3" class="slick-slide slick-active" tabindex="-1" aria-hidden="false" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/itel-aura-05i?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="115479948" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="4" hoveredslikeindex="4" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-115479948,width-600,resizemode-4/115479948.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Itel Aura 05i</p><p class="W4Hjm">₹5,499</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="4" class="slick-slide slick-active" tabindex="-1" aria-hidden="false" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/tecno-spark-go-1?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="115479927" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="5" hoveredslikeindex="5" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-115479927,width-600,resizemode-4/115479927.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Tecno Spark Go 1</p><p class="W4Hjm">₹6,899</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="5" class="slick-slide" tabindex="-1" aria-hidden="true" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/poco-m6-5g?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="114945429" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="6" hoveredslikeindex="6" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-114945429,width-600,resizemode-4/114945429.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Poco M6 5G</p><p class="W4Hjm">₹7,998</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="6" class="slick-slide" tabindex="-1" aria-hidden="true" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/oppo-a3x-4g?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="114945410" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="7" hoveredslikeindex="7" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-114945410,width-600,resizemode-4/114945410.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->OPPO A3X 4G</p><p class="W4Hjm">₹8,999</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="7" class="slick-slide" tabindex="-1" aria-hidden="true" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/vivo-y300-plus-5g?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="114351435" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="8" hoveredslikeindex="8" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-114351435,width-600,resizemode-4/114351435.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Vivo Y300 Plus 5G</p><p class="W4Hjm">₹23,999</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="8" class="slick-slide" tabindex="-1" aria-hidden="true" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/realme-p1-speed-5g?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="114248682" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="9" hoveredslikeindex="9" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-114248682,width-600,resizemode-4/114248682.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Realme P1 Speed 5G</p><p class="W4Hjm">₹20,999</p><div class="YWTmm">View Specs</div></div></a></div></div><div data-index="9" class="slick-slide" tabindex="-1" aria-hidden="true" style="outline:none;width:10%"><div><a href="https://gadgetsnow.indiatimes.com/mobile-phones/lava-o3?utm_source=TOI&utm_medium=referral" target="_blank" class="VeCXM _26xu " commonState="[object Object]" frmappuse="1"><div class="Ng0mw"><div class="oo7Ma"><img alt="" width="600" msid="114074319" placeholdersrc="https://static.toiimg.com/photo/87458172.cms" offsetvertical="300" resizemode="4" gaindex="10" hoveredslikeindex="10" imgsize="23456" title="" placeholdermsid="" type="thumb" src="https://static.toiimg.com/photo/87458172.cms" class="" data-src="https://static.toiimg.com/thumb/imgsize-23456,msid-114074319,width-600,resizemode-4/114074319.jpg" data-api-prerender="true"/></div><span class="undefined undefined"><i></i></span></div><div class="UreF0"><p class="CRKrj"> <!-- -->Lava O3</p><p class="W4Hjm">₹6,199</p><div class="YWTmm">View Specs</div></div></a></div></div></div></div><button type="button" data-role="none" class="slick-arrow slick-next" style="display:block"> <!-- -->Next</button><ul style="display:block" class="slick-dots"><li class="slick-active"><button>1</button></li><li class=""><button>2</button></li><li class=""><button>3</button></li><li class=""><button>4</button></li><li class=""><button>5</button></li><li class=""><button>6</button></li></ul></div></div></div></div><div class="XAt75" data-bottomsocialshare="115745114"><span class="hY_wX">FOLLOW US ON SOCIAL MEDIA</span><div class="ge4Md " style="min-height:24px"><div data-type="in_view" class="loadable-inview "><div><span class="UzraQ follow_us_loader"><span class="aQKeu loadeblecomponentloader"></span></span></div></div></div></div><div data-type="in_view" class=" "><div class="np8ju photosslider "><div data-type="in_view" class=" "><div class="OWwCd"><h2 class="iNIir"> <!-- -->Photostories<!-- --> <!-- --> </h2></div></div><div class=" undefined slick_UI"><div class="slick-slider slick-initialized" dir="ltr"><button type="button" class="U3OD7 siJSC slick-arrow slick-prev slick-disabled PQIAg" style="display:block"></button><div class="slick-list"><div class="slick-track" style="width:300%;left:0%"><div data-index="0" class="slick-slide slick-active slick-current" tabindex="-1" aria-hidden="false" style="outline:none;width:8.333333333333334%"><div><figure class="_YVis M194D false false " data-videomsid="115692578" data-scrollga=""><a href="https://timesofindia.indiatimes.com/tv/news/hindi/bigg-boss-18-from-an-approximate-net-worth-of-rs-237-crores-to-a-luxurious-house-in-london-lavish-life-of-shilpa-shirodkar/photostory/115692578.cms" innerRef="[object Object]" class="Hn2z7 undefined " data-newga="Click0_India Fights Covid#https://timesofindia.indiatimes.com/tv/news/hindi/bigg-boss-18-from-an-approximate-net-worth-of-rs-237-crores-to-a-luxurious-house-in-london-lavish-life-of-shilpa-shirodkar/photostory/115692578.cms" ga4Type="" ga4Data="" rel="noopener" commonState="[object Object]" frmappuse="1"><div class="yCs_c "><div class="Bw78m cardactive"><img alt="Bigg Boss 18: From an approximate net worth of Rs 237 crores to a luxurious house in London: Lavish life of Shilpa Shirodkar" width="200" placeholdersrc="https://static.toiimg.com/photo/83033472.cms" offsetvertical="300" imgsize="23456" resizemode="4" title="" placeholdermsid="" msid="" type="thumb" src="https://static.toiimg.com/photo/83033472.cms" class=""/><div class="LazyLoad" style="height:1px"></div></div><i class="moc0Y"></i></div><figcaption class=" ">Bigg Boss 18: From an approximate net worth of Rs 237 crores to a luxurious house in London: Lavish life of Shilpa Shirodkar</figcaption></a></figure></div></div><div data-index="1" class="slick-slide slick-active" tabindex="-1" aria-hidden="false" style="outline:none;width:8.333333333333334%"><div><figure class="_YVis M194D false false " data-videomsid="115598368" data-scrollga=""><a href="https://timesofindia.indiatimes.com/life-style/health-fitness/de-stress/10-effective-brain-exercises-to-start-the-day-with/photostory/115598368.cms" innerRef="[object Object]" class="Hn2z7 undefined " data-newga="Click1_India Fights Covid#https://timesofindia.indiatimes.com/life-style/health-fitness/de-stress/10-effective-brain-exercises-to-start-the-day-with/photostory/115598368.cms" ga4Type="" ga4Data="" rel="noopener" commonState="[object Object]" frmappuse="1"><div class="yCs_c "><div class="Bw78m cardactive"><img alt="10 effective brain exercises to start the day with" width="200" placeholdersrc="https://static.toiimg.com/photo/83033472.cms" offsetvertical="300" imgsize="23456" resizemode="4" title="" placeholdermsid="" msid="" type="thumb" src="https://static.toiimg.com/photo/83033472.cms" class=""/><div class="LazyLoad" style="height:1px"></div></div><i class="moc0Y"></i></div><figcaption class=" ">10 effective brain exercises to start the day with</figcaption></a></figure></div></div><div data-index="2" class="slick-slide slick-active" tabindex="-1" aria-hidden="false" style="outline:none;width:8.333333333333334%"><div><figure class="_YVis M194D false false " data-videomsid="115645724" data-scrollga=""><a 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traditional wisdom</figcaption></a></figure></div></div><div data-index="3" class="slick-slide slick-active" tabindex="-1" aria-hidden="false" style="outline:none;width:8.333333333333334%"><div><figure class="_YVis M194D false false " data-videomsid="115683695" data-scrollga=""><a href="https://timesofindia.indiatimes.com/travel/destinations/from-culture-to-pilgrimage-explore-gujarats-top-attractions-this-holiday-season/photostory/115683695.cms" innerRef="[object Object]" class="Hn2z7 undefined " data-newga="Click3_India Fights Covid#https://timesofindia.indiatimes.com/travel/destinations/from-culture-to-pilgrimage-explore-gujarats-top-attractions-this-holiday-season/photostory/115683695.cms" ga4Type="" ga4Data="" rel="noopener" commonState="[object Object]" frmappuse="1"><div class="yCs_c "><div class="Bw78m cardactive"><img alt="From culture to pilgrimage: Explore Gujarat’s top attractions this holiday season" width="200" placeholdersrc="https://static.toiimg.com/photo/83033472.cms" offsetvertical="300" imgsize="23456" resizemode="4" title="" placeholdermsid="" msid="" type="thumb" src="https://static.toiimg.com/photo/83033472.cms" class=""/><div class="LazyLoad" style="height:1px"></div></div><i class="moc0Y"></i></div><figcaption class=" ">From culture to pilgrimage: Explore Gujarat’s top attractions this holiday season</figcaption></a></figure></div></div><div data-index="4" class="slick-slide" tabindex="-1" aria-hidden="true" style="outline:none;width:8.333333333333334%"><div><figure class="_YVis M194D false false " data-videomsid="115617721" data-scrollga=""><a href="https://timesofindia.indiatimes.com/life-style/soul-search/7-subtle-signs-you-are-closer-to-your-spiritual-journey-than-you-think/photostory/115617721.cms" innerRef="[object Object]" class="Hn2z7 undefined " data-newga="Click4_India Fights Covid#https://timesofindia.indiatimes.com/life-style/soul-search/7-subtle-signs-you-are-closer-to-your-spiritual-journey-than-you-think/photostory/115617721.cms" ga4Type="" ga4Data="" rel="noopener" commonState="[object Object]" frmappuse="1"><div class="yCs_c "><div class="Bw78m cardactive"><img alt="7 subtle signs you are closer to your spiritual journey than you think" width="200" placeholdersrc="https://static.toiimg.com/photo/83033472.cms" offsetvertical="300" imgsize="23456" resizemode="4" title="" placeholdermsid="" msid="" type="thumb" src="https://static.toiimg.com/photo/83033472.cms" class=""/><div class="LazyLoad" style="height:1px"></div></div><i class="moc0Y"></i></div><figcaption class=" ">7 subtle signs you are closer to your spiritual journey than you think</figcaption></a></figure></div></div><div data-index="5" class="slick-slide" tabindex="-1" aria-hidden="true" style="outline:none;width:8.333333333333334%"><div><figure class="_YVis M194D false false " 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src="https://static.toiimg.com/photo/83033472.cms" class=""/><div class="LazyLoad" style="height:1px"></div></div><i class="moc0Y"></i></div><figcaption class=" ">7 signs of a spiritually gifted person</figcaption></a></figure></div></div><div data-index="7" class="slick-slide" tabindex="-1" aria-hidden="true" style="outline:none;width:8.333333333333334%"><div><figure class="_YVis M194D false false " data-videomsid="115601797" data-scrollga=""><a href="https://timesofindia.indiatimes.com/travel/destinations/hidden-gems-of-europe-5-underrated-destinations-to-visit-in-2025/photostory/115601797.cms" innerRef="[object Object]" class="Hn2z7 undefined " data-newga="Click7_India Fights Covid#https://timesofindia.indiatimes.com/travel/destinations/hidden-gems-of-europe-5-underrated-destinations-to-visit-in-2025/photostory/115601797.cms" ga4Type="" ga4Data="" rel="noopener" commonState="[object Object]" frmappuse="1"><div class="yCs_c "><div class="Bw78m cardactive"><img alt="Hidden gems of 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Several businesses around the world came to standstill for over 48 hours. The disruption put CrowdStrike’s reputation on the line. Despite the global IT outage, which tarnished the company's reputation, CEO George Kurtz emphasized that customers remained loyal, with a gross retention rate of over 97%.While the incident led to a net loss of $16.8 million, CrowdStrike's revenue still surged 29% year-over-year to $1 billion. The company attributed the loss to expenses related to the outage and customer commitment packages designed to mitigate its impact. CrowdStrike’s annual recurring revenue was up 27% year over year, but down from 35% a year prior. The company reiterated it anticipates ARR to increase in the second half of next year.Looking ahead, CrowdStrike remains optimistic about its future growth, particularly in managed security services. 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