secwatch.observer — SEC 8-K summary
======================================

Issuer:     CrowdStrike Holdings, Inc. (CRWD)
CIK:        0001535527
Form:       8-K
Filed at:   2023-05-31T23:59:59+00:00
Accession:  0001535527-23-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CrowdStrike Q1 FY2024 revenue $692.6M (+42% YoY); GAAP net income turns positive
--------------------------------------------------------------------------------

- Record revenue $692.6M, up 42% YoY; subscription revenue $651.2M (+42%).
- Ending ARR $2.73B (+42% YoY), net new ARR $174.2M added in quarter.
- GAAP net income attributable to CrowdStrike $0.5M vs loss $31.5M YoY; GAAP EPS $0.00.
- Non-GAAP net income $136.4M, EPS $0.57 vs $0.31 YoY; free cash flow $227.4M.
- Module adoption: 62% five or more modules; guidance for Q2 and FY2024 raised.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1535527/000153552723000012/0001535527-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1535527/000153552723000012/crwd-20230531.htm
  HTML page:      https://secwatch.observer/filing/0001535527-23-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer