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CrowdStrike estimates the tech meltdown caused by its bungling left a $60 million dent in its sales

  • CrowdStrike Holdings estimates a $60 million loss in sales due to a technology meltdown caused by a software update failure that disrupted operations and affected thousands at airports.
  • The outage worried customers expected to finalize $60 million in deals during the fiscal second quarter.
  • Despite the setback, CrowdStrike executives believe they can secure these contracts by January 2025, as customers remain confident in their cybersecurity products.
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Associated Press NewsAssociated Press News

CrowdStrike estimates the tech meltdown caused by its bungling left a $60 million dent in its sales

Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it absorbed a roughly $60 million blow to its sales pipeline last month after its botched handling of a software update triggered a technology meltdown that stranded thousands of people in airports in addition to other exasperating

·United States
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abc Newsabc News

CrowdStrike estimates the tech meltdown caused by its bungling left a $60 million dent in its sales

Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it absorbed a roughly $60 million blow to its sales pipeline last month after its botched handling of a software update triggered a technology meltdown that stranded thousands of peop...

·United States
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KRDOKRDO

CrowdStrike puts its tab from causing a global computer outage at $60 million. It’s a fraction of the hit claimed by clients

By Chris Isidore and Brian Fung, CNN New York (CNN) — Cybersecurity firm CrowdStrike said it will give customers affected by a massive outage this year about $60 million in credits, possibly a mere fraction of the damages those clients say they incurred. The company also cut its guidance for full-year earnings by about $86 million to $109 million. But that still leaves CrowdStrike expecting to make $3.9 billion on the year. All told, the earning…

·Colorado Springs, United States
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Boston HeraldBoston Herald

CrowdStrike estimates the tech meltdown caused by its bungling left a $60 million dent in its sales

By MICHAEL LIEDTKE Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it absorbed a roughly $60 million blow to its sales pipeline last month after its botched handling of a software update triggered a technology meltdown that stranded thousands of people in airports in addition to other exasperating disruptions. Although the massive outage spooked customers that had been expected to close deals totaling $60 million during the …

·Boston, United States
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Pioneer PressPioneer Press

CrowdStrike estimates the tech meltdown caused by its bungling left a $60 million dent in its sales

By MICHAEL LIEDTKE Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it absorbed a roughly $60 million blow to its sales pipeline last month after its botched handling of a software update triggered a technology meltdown that stranded thousands of people in airports in addition to other exasperating disruptions. Although the massive outage spooked customers that had been expected to close deals totaling $60 million during the …

·St Paul, United States
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abc 13 Houstonabc 13 Houston

CrowdStrike estimates the tech meltdown caused by its bungling left a $60 million dent in its sales

Cybersecurity specialist CrowdStrike Holdings estimated it absorbed a roughly $60 million blow to its sales pipeline last month after its botched handling of a software update triggered a technology meltdown that stranded thousands of people in airports in addition to other exasperating disruptions.

·Houston, United States
Read Full Article
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