George Kurtz on guidance
From CrowdStrike CEO George Kurtz goes one-on-one with Jim Cramer · · CNBC Television
“Well, Jim, you have to look at the calendar you're talking about. Meet those breaking in the middle of April or quarter ends at the end of April. Right. So we're selling enterprise software, not necessarily shipping boxes. So these things take time to get into customers hands. You got to go through a sales cycle. But what I want to point out is you have to look at the guidance of the next quarter. We raised the full year guidance across the entire year. Our net new AR guidance by over 50 million, over 520 basis points, which is an incredible raise. So we have the confidence to do that because we see the opportunity that's in front of us and we see what customers are looking for, which is CrowdStrike, which is our ADR technology, AI detection and response to be able to identify rogue AI agents and be able to protect those and allow people to actually accelerate their AI adoption in an enterprise.”
On , George Kurtz, Co-Founder, President, Chief Executive Officer & Director at CrowdStrike, spoke about guidance during CrowdStrike CEO George Kurtz goes one-on-one with Jim Cramer on CNBC Television.
About George Kurtz
George Kurtz, co-founder and CEO of CrowdStrike, has been active in recent months discussing the company's financial performance, its strategic initiatives, and the evolving cybersecurity landscape. In multiple earnings calls and media appearances, Kurtz highlighted record quarterly results, including strong annual recurring revenue (ARR) growth and a Rule of 40 of 59. He promoted the company's Falcon Flex subscription model, which he described as enabling customers to adopt modules as needed, and noted that its total deal value had grown significantly. Kurtz also announced a $1 billion share repurchase authorization and outlined expectations for margin expansion in fiscal 2027. Kurtz has focused public remarks on the impact of artificial intelligence on cybersecurity. He introduced "Project Quilt Works," a coalition with firms such as Accenture, IBM, and EY aimed at identifying and prioritizing AI-related vulnerabilities, which he characterized as a "security Y2K moment" requiring urgent board-level attention. He described AI agents as expanding the attack surface and stated that CrowdStrike aims to be the "protector of autonomous AI agents." Kurtz also discussed the company's expanded partnership with AWS, its work with frontier AI models from OpenAI and Anthropic, and the growing threat of state-sponsored cyber operations, which he said increased by 150% in the previous year. Separately, he addressed requests from the DOJ and SEC related to revenue recognition and the July 19 outage. In an interview focused on business and racing, he cited his investment in the Mercedes-AMG Petronas Formula 1 team and emphasized that people, execution, and strategy are key to success.