CrowdStrike reported a better-than-expected third quarter results and said it retained 97% of customers as it moved past its July outage.
Delta put some figures on its plans to recover at least $500 million in damages from CrowdStrike and Microsoft.
CrowdStrike's legal counsel said in a letter to Delta Airlines that it isn't to blame for its "decisions and response to the IT outage."
CrowdStrike CEO George Kurtz is being called to the House to testify about the global IT outage that has hampered enterprises--notably airlines like Delta--for days.
Global IT outages on Friday were blamed on a faulty update from CrowdStrike and the impact hit banks, airlines and a host of other companies. But the real hit--beyond CrowdStrike's stock price--was to the platformization play being pitched by cybersecurity vendors.
CrowdStrike delivered strong first quarter earnings with revenue growth of 33%.
CrowdStrike and Amazon Web Services expanded a partnership where Amazon will standardize on CrowdStrike's Falcon platform and CrowdStrike will expand usage of Amazon Bedrock and SageMaker.
