CrowdStrike Posts Profit As Sales Rise 23%

CrowdStrike swung to a profit and posted higher revenue in the fourth quarter.

- BY KATHERINE HAMILTON

The cybersecurity company on Tuesday posted a profit of $38.7 million, or 15 cents a share, in the quarter ended Jan. 31, compared with a loss of $86.3 million, or 35 cents a share, a year earlier.