Crowdstrike Holdings, Inc. (CRWD) reported “incredible” quarterly results according to a well -known investor

Name the Security Giant IT Crowdstrike Holdings, Inc. (CRWD) “One of Tech’s biggest companies”, the well -known investor Josh Brown in CNBC said that the firm had recently reported the “incredible” results of the first quarter.

He also said that Crowdstrike Holdings, Inc. (CRWD), which increased by 26% by 2025, is “one of the best stocks of the year.”

Brown is the CEO of Richoltz Wealth Management.

Brown Raves on CRWD’s first quarter results

Brown said CRWD (AR) annual recurring revenue increased by 23% in the first quarter against the same period of the year before. According to the investor, “AR is” the only (metric) that matters (because) this is how these actions are valued. “

The firm’s subscription income increased by 31% year -on -year, he added.

Brown extends the performance of the shares

Actions have constituted the large amount of land that Crowdstrike Holdings, Inc. (CRWD) had lost due to the computer interruption that his software precipitated last summer, said Brown. In addition, the action was 26% above its 200 -day mobile average from noon yesterday, said Brown.

The investor, who did not address the announcement of the company that would say 5% of his workforce, said he would keep his name actions.

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Dissemination: None. This article is originally published in Insider Monkey.