Crowdstrike preview

I posted this on twitter but posting here too for those not on twitter.

My model predicts revenue between 596 & 603 for the Q; between 57 & 59% YoY and aQoQ 54-62%.

Expect STRONG FCF the next couple Q’s as they said they’ll be > 30% for the year.

Entered Q3 with record pipeline. Expect less seasonal strength though due to relative strength in Q1 & Q2. If we DO see seasonal strength, it’ll be bigger beats.

Expect guide to be a bit weaker due to tough comps (2 8-fig deals last year Q4).

Last Q said they’re seeing Macro headwinds with longer times to close deals. PANW had a good quarter so bodes well. Strength in FED and Government.