CrowdStrike on Tuesday said it expects fourth‑quarter revenue to come in above Wall Street estimates, a sign the cybersecurity firm is gaining from wider use of artificial intelligence in its products. The company’s shares rose about 1 percent in after‑hours trading as investors reacted to the stronger guidance.
The firm has been adding AI features to its Falcon platform, including new detection and triage tools launched in September. Analysts say these upgrades are helping CrowdStrike win customers who want simpler, more integrated security systems. Farhan Badami of eToro said the moves show CrowdStrike is seizing the AI opportunity, improving margins and scaling its business.
Demand for cybersecurity remains strong as companies spend more on AI‑powered defences to fight growing and more complex digital threats. The upbeat outlook also marks a recovery for the Texas‑based firm after a faulty software update last year caused wide outages on Windows systems and disrupted hospitals, banks and airports.
CrowdStrike now sees fourth‑quarter revenue of $1.29 billion to $1.30 billion, above analysts’ estimate of $1.22 billion compiled by LSEG. It also raised its full‑year revenue forecast to $4.80 billion–$4.81 billion. In the third quarter the company reported revenue of $1.23 billion, up 22 percent and slightly ahead of expectations.