Give CrowdStrike credit at least for trying to punch up.
The provider of cloud-based cybersecurity software has been one of the hottest names in the space, and for good reason. Revenue growth has averaged 67% annually over the last three years—well above the 45% average growth over that time shown by other cloud-software companies generating at least $2 billion in annual revenue. Still, CrowdStrike’s annual revenue is about what Microsoft Corp. generates in sales every four days, and the tech giant has recently locked its gaze on CrowdStrike’s end of the security market with offerings such as its Defender software.
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