CrowdStrike reports Q1 revenue up 42% YoY to $692.6M, vs. $676.4M est., and ARR up 42% YoY to $2.73B, slower than the 61% growth in Q1 2023; CRWD drops 10%+ (Rohan Goswami/CNBC)

Rohan Goswami / CNBC:
CrowdStrike reports Q1 revenue up 42% YoY to $692.6M, vs. $676.4M est., and ARR up 42% YoY to $2.73B, slower than the 61% growth in Q1 2023; CRWD drops 10%+  —  – CrowdStrike reported first quarter results for its fiscal 2024 year on Wednesday, at a time when China-related cybersecurity concerns have mounted.