Shares of CrowdStrike Holdings Inc. have significantly increased since their public debut on the stock market in June 2019, showing a 503% rise. This growth confirms the company’s strong position in the cybersecurity industry and its successful application of artificial intelligence in its products.

The company’s latest financial report showed a 33% increase in revenue, reaching $845 million, and GAAP net income doubled to $0.95 per share. CrowdStrike also reported a high customer retention rate of 98%, indicating strong loyalty among its client base.

CrowdStrike is actively expanding its horizons by launching new products in data protection and IT automation, and has developed the generative AI assistant, Charlotte AI. This product helps security teams quickly assess IT environments, identify threats, and take corrective action. Charlotte AI also offers recommendations for proactively reducing risks.