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CrowdStrike’s AI Surge Drives Record Growth | Durham News
CrowdStrike just smashed expectations with record-breaking earnings, calling it their best quarter ever — fueled by a 51% surge in net new ARR to $333 million. Revenue jumped 26%, margins held strong at 25.3%, and Morgan Stanley upgraded their price target to $238, dubbing them a “clear secular winner.” Their AI security product, AIDR, is exploding — nearly tripling quarter-over-quarter — and could soon outpace their flagship Falcon platform. Customers are deepening their commitment, with half using six+ modules and a quarter using eight+. The real story? CrowdStrike’s ecosystem is scaling…
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