CRWD always puts out a nice presentation.
https://ir.crowdstrike.com/static-files/547e5c92-3594-4eef-9…
Here’s a nice summary of the qtr.
Here’s a nice summary of the qtr.
https://stockmarketnerd.beehiiv.com/p/crowdstrike-first-quar…
On Worsening Macro:
“We haven’t seen any slowdown in deal velocity. This is not discretionary spend… we see no indication that tailwinds will slow.”
Founder/CEO George Kurtz
On RPO sequential growth weakness…
Last quarter, CFO Burt Podbere told us that sequential net new ARR growth as well as RPO growth would be challenged by multiple 8-figure deals closing in Q4 2022. That’s why sequential RPO growth especially was so slow.
Chris