CrowdStrike cuts forecasts as Windows outage weighs on new deals

Cybersecurity firm CrowdStrike cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its faulty software update, and said the environment would remain challenging for about a year.

The outage disrupted internet services, affecting 8.5 million Microsoft Windows devices and causing mass flight cancellations.

CEO George Kurtz said the incident delayed some of the company’s deals into subsequent quarters, but the majority remain “in the pipeline”.