CrowdStrike is essentially a subscription business. 62% of the customer base has five or more modules, 40%, six or more, and 23%, seven or more. As that numbers scale up, we can expect that the existing customers are contributing very high margin growth to the business. That leads to this tremendous cash flow we see at CrowdStrike. It's an indicator of just how healthy the business is.
With the Nasdaq up nearly 6% in May, tech seems to be soaring. Will earnings from CrowdStrike and Salesforce add to the AI hype?
(00:21) Tim Beyers discusses: - If happy days are here again for the world of tech. - Why the market might be missing the greatness in CrowdStrike’s earnings. - How Marc Benioff found religion when it comes to cutting costs at Salesforce.
(19:29) The war on cash is evolving. Jason Moser explains how the financial times keep changing and what it means for fintech.
Companies discussed: CRWD, CRM, AAPL, MA, SQ, PYPL, V
Host: Deidre Woollard Guests:Tim Beyers, Jason Moser, Alex Friedman Producer: Ricky Mulvey Engineer: Dan Boyd
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