"The beauty about our business is we don't have any hardware; we're not subject to the tariffs," he said.
Jeffries said CrowdStrike’s agent offering is a competitive advantage compared to Wiz’s agentless offering.
Annual recurring revenue grew 23% year over year to $4.24 billion, slower than the 27% growth in the third quarter.
Trump is reportedly considering an executive order once in office that would suspend the TikTok “ban-or-sale” legislation passed by Congress for 60 days to 90 days.
An analyst said CrowdStrike will face some lingering headwinds from the IT outage over the next 12 months but he holds a positive long-term view of the company.
Snowflake CEO Sridhar Ramaswamy said, “Our obsessive drive to produce product cohesion and ease of use has built Snowflake into the easiest and most cost effective enterprise data platform.”