Is CrowdStrike Stock a Buy Now?

CrowdStrike (NASDAQ: CRWD) posted its second-quarter report on Aug. 30. The cloud-based cybersecurity company's revenue rose 58% year over year to $535.2 million, which beat analysts' expectations by $18.7 million.

Its adjusted net income jumped 232% to $85.9 million, or $0.36 per share, which also cleared the consensus forecast by $0.09. On the basis of generally accepted accounting principles (GAAP), it narrowed its net loss from $57.3 million to $49.3 million, or $0.21 per share.

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Source Fool.com