CrowdStrike Faces Fallout from Global IT Outage

Cybersecurity firm revises forecasts and offers $60M in customer incentives after a faulty update disrupted businesses worldwide.

CrowdStrike reported a $60 million hit to its sales pipeline due to the outage.
Delta Air Lines claims over $500 million in losses and plans legal action against CrowdStrike and Microsoft.
The company lowered its annual revenue forecast, expecting $3.89 to $3.90 billion, down from $3.98 to $4.01 billion.
Despite the incident, CrowdStrike's Q2 revenue grew 32% year-over-year to $963.9 million.
CEO George Kurtz emphasized resilience and commitment to preventing future incidents.