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Is CrowdStrike Holdings Stock a Buy?

TheMotleyFool

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CrowdStrike Holdings (NASDAQ: CRWD) posted its first-quarter report on Thursday, June 2. The cloud-native cybersecurity company's revenue rose 61% year over year to $487.8 million, beating analysts' estimates by $23.5 million.

Its Q1 adjusted net income jumped 221% to $74.8 million, or $0.31 per share, which also cleared the consensus forecast by eight cents. On a generally accepted accounting principles (GAAP) basis, it narrowed its net loss from $85 million to $31.5 million.

Those growth rates were impressive, but can CrowdStrike stock regain its mojo after tumbling more than 40% from its all-time high last November? Let's see if this fallen growth stock is worth buying again.

Source Fool.com

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