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CrowdStrike CEO: Customers are staying with us

In an interview on CNBC’s Mad Money, George Kurtz said Q1 results came in line with the company’s guidance. Strong RPO is indicative of the health of the business, he noted. The company authorized the $1B buyback because it wants to be “opportunistic with share repurchases,” he added. When asked about the SEC/DOJ inquires regarding the 2024 outage, Kurtz said, “We stand by the accounting of these transactions.”

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