CrowdStrike Issues Sales Outlook Meeting Wall Street Views

CrowdStrike Holdings Inc. projected quarterly sales that were roughly in line with analysts’ estimates, signaling steady demand in an era when artificial intelligence has heightened concerns over cybersecurity threats.

Revenue will be $1.36 billion to $1.364 billion in the period ending in April, the Austin-based company said Tuesday in a statement. Analysts, on average, estimated $1.36 billion, according to data compiled by Bloomberg.