Latest news with #MSSP
Yahoo
3 days ago
- Business
- Yahoo
CrowdStrike's (NASDAQ:CRWD) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops
Cybersecurity company CrowdStrike (NASDAQ:CRWD) met Wall Street's revenue expectations in Q1 CY2025, with sales up 19.8% year on year to $1.10 billion. On the other hand, next quarter's revenue guidance of $1.15 billion was less impressive, coming in 1% below analysts' estimates. Its non-GAAP profit of $0.73 per share was 10.6% above analysts' consensus estimates. Is now the time to buy CrowdStrike? Find out in our full research report. Revenue: $1.10 billion vs analyst estimates of $1.11 billion (19.8% year-on-year growth, in line) Adjusted EPS: $0.73 vs analyst estimates of $0.66 (10.6% beat) Adjusted Operating Income: $201.1 million vs analyst estimates of $177.9 million (18.2% margin, 13.1% beat) The company reconfirmed its revenue guidance for the full year of $4.77 billion at the midpoint Adjusted EPS guidance for the full year is $3.50 at the midpoint, beating analyst estimates by 1.3% Operating Margin: -11.3%, down from 0.8% in the same quarter last year Free Cash Flow Margin: 25.3%, up from 22.7% in the previous quarter Annual Recurring Revenue: $4.4 billion at quarter end, up 20.7% year on year Market Capitalization: $119.3 billion 'We started the fiscal year with record Q1 large deal and MSSP momentum alongside sustained 97% gross retention and consistently strong net retention as the market consolidates on Falcon as its cybersecurity platform of choice for the agentic AI era,' said George Kurtz, Founder and CEO. Founded by George Kurtz, the former CTO of the antivirus company McAfee, CrowdStrike (NASDAQ:CRWD) provides cybersecurity software that protects companies from breaches and helps them detect and respond to cyber attacks. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but many enduring ones grow for years. Luckily, CrowdStrike's sales grew at an exceptional 36.2% compounded annual growth rate over the last three years. Its growth surpassed the average software company and shows its offerings resonate with customers, a great starting point for our analysis. This quarter, CrowdStrike's year-on-year revenue growth was 19.8%, and its $1.10 billion of revenue was in line with Wall Street's estimates. Company management is currently guiding for a 19.1% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 21.6% over the next 12 months, a deceleration versus the last three years. Still, this projection is commendable and indicates the market sees success for its products and services. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. While reported revenue for a software company can include low-margin items like implementation fees, annual recurring revenue (ARR) is a sum of the next 12 months of contracted revenue purely from software subscriptions, or the high-margin, predictable revenue streams that make SaaS businesses so valuable. CrowdStrike's ARR punched in at $4.4 billion in Q1, and over the last four quarters, its growth was impressive as it averaged 25.9% year-on-year increases. This performance aligned with its total sales growth and shows that customers are willing to take multi-year bets on the company's technology. Its growth also makes CrowdStrike a more predictable business, a tailwind for its valuation as investors typically prefer businesses with recurring revenue. The customer acquisition cost (CAC) payback period represents the months required to recover the cost of acquiring a new customer. Essentially, it's the break-even point for sales and marketing investments. A shorter CAC payback period is ideal, as it implies better returns on investment and business scalability. CrowdStrike is quite efficient at acquiring new customers, and its CAC payback period checked in at 33.2 months this quarter. The company's rapid recovery of its customer acquisition costs indicates it has a strong brand reputation, giving it more resources pursue new product initiatives while maintaining the flexibility to increase its sales and marketing investments. It was great to see CrowdStrike beat convincingly on operating profit this quarter. Looking ahead, guidance was solid. The company's EPS guidance for next quarter topped analysts' expectations, and its full-year EPS guidance slightly exceeded Wall Street's estimates as well. On the other hand, its revenue guidance for next quarter slightly missed and its full-year revenue guidance was just in line with Wall Street's estimates. Overall, this was a mixed quarter and not enough for the high expectations around the stock (as evidenced by the 52-week high right before reporting and a 40+% stock price appreciation year-to-date before the print). The stock traded down 6.2% to $458.72 immediately following the results. Is CrowdStrike an attractive investment opportunity at the current price? What happened in the latest quarter matters, but not as much as longer-term business quality and valuation, when deciding whether to invest in this stock. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hospitality Net
3 days ago
- Business
- Hospitality Net
VENZA to Acquire OpsTechPro and Offer End-to-End Risk Management
Jeff Venza, a seasoned hospitality technology professional and executive at VENZA and CyberTek MSSP, today announced the planned acquisition of OpsTechPro, a premier provider of asset management and service optimization tools. This strategic move will integrate OpsTechPro into the VENZA family of companies, significantly enhancing its digital and physical security offerings and providing comprehensive risk management capabilities to hospitality clients. OpsTechPro provides an asset management system that streamlines operations by automating and tracking essential back-of-house and guest-facing workflows. This includes guest requests, workflow communication, front desk management, housekeeping, vehicle management, water management, and more. The acquisition comes at a time when hospitality organizations increasingly seek integrated platforms to manage cybersecurity and operational risk. Through the VENZA System™ Risk and Reporting Dashboard, VENZA's clients experience program features through a single pane of glass that seamlessly combines multiple data streams for a unified security profile. By integrating OpsTechPro's proprietary technology stack, the VENZA System will be uniquely positioned to meet growing market demand for end-to-end risk management. For example, the platform will increasingly automate Self-Assessment Questionnaire (SAQ) completion for PCI DSS compliance, increasing its speed and convenience while fully adhering to the stringent standards set by the PCI Council. The heart of VENZA's promise to our hospitality partners has been to provide security through visibility. Data protection is about securing the digital assets of an organisation—a non-negotiable in today's threat landscape. By bringing OpsTechPro into the fold, we'll also meet physical asset protection needs, enabling clients to manage both areas through a unified program. Jeff Venza, Chairman of VENZA and CyberTek MSSP OpsTechPro will continue to operate independently while collaborating closely with VENZA and CyberTek MSSP to deliver integrated solutions. VENZA's two decades of proven success have made them a leader in hospitality. We're excited to partner with them to expand the reach of our asset management technology and help even more hotel operators optimize their operations. Jay Visnjic, President and CEO of OpsTechPro Jay has built a successful company that has become established as a trusted partner for hoteliers and operates according to the same values as we do,' said Venza. 'When I met Jay at HITEC some time ago, I quickly noticed his passion for service and his commitment to innovation. I am thrilled by the opportunity to grow with them and to integrate their capabilities into VENZA's offerings to deliver even more value to our clients. OpsTechPro's asset management tools are available as an enhancement to CyberTek's services and VENZA's Denali™ and Everest™ programs. Denali equips hoteliers with cybersecurity training, phishing simulations, and up to $100,000 USD in data breach coverage. Everest builds on this foundation with advanced compliance tools, including PCI DSS Self-Assessment Questionnaire (SAQ) preparation and vulnerability scanning. For information about adding OpsTechPro to an existing program, contact [email protected]. For a hands-on demo, visit VENZA at HITEC 2025, June 16–19, at booth #3411. About OpsTechPro SP 2 Systems LLC, doing business as OpsTechPro, is a Palm Beach, Fla.-based company providing asset management and service optimization technology to hotels. The company is committed to delivering smart solutions for operational excellence and exceptional customer experiences. OpsTechPro enables hoteliers to proactively identify and address maintenance needs, resulting in higher-quality facilities and equipment, and a better guest experience. For more information, visit Casey Harrigan Product Director 706 207 4753 View source
Techday NZ
3 days ago
- Business
- Techday NZ
SOCRadar boosts MSSP support with free AI training, new tools
SOCRadar has announced an expansion of its Managed Security Service Provider (MSSP) programme designed to support partners in scaling operations, automating threat workflows, and improving service delivery. As part of the enhanced programme, SOCRadar will provide free AI Agent and Automation Training to its partners. This training aims to educate MSSPs on the use of AI agents and generative AI (GenAI) technologies to streamline security operations centre (SOC), threat intelligence, and vulnerability management processes. The training is described as platform-agnostic, equipping MSSP partners with hands-on experience to build their own AI-powered workflows, irrespective of the specific tools they currently deploy. Alongside the introduction of free training, SOCRadar has implemented several enhancements to its MSSP programme, including multi-tenant licensing, threat intelligence use cases designed specifically for MSSPs, a Multi-Tenant Management Console, and configurable External Threat Assessment Reports. "Our enhanced MSSP program enables partners to scale smartly and serve clients more effectively. By combining AI Agents with our extended threat intelligence capabilities, MSSPs can double their operational efficiency—automating routine workflows, accelerating incident response, and delivering tailored intelligence without adding headcount. We believe AI Agents and GenAI will be foundational to the future of MSSPs, and we're committed to helping our partners lead that transformation," Huzeyfe Onal, Chief Executive Officer of SOCRadar, said. According to SOCRadar, its AI agents are intelligent automation components embedded within the company's Extended Threat Intelligence (XTI) platform. These agents utilise Large Language Models (LLMs) and automation scripts with the ability to execute complex, multi-stage cybersecurity workflows. Unlike traditional scripts or static rules, SOCRadar's AI agents can analyse contextual information, make decisions based on data, and take actions across multiple IT systems. This approach is intended to reduce the manual workload for analysts, while increasing both the speed and accuracy of threat detection and response. MSSPs can create what SOCRadar refers to as "smart workflows" by establishing specific goals and operational boundaries for each AI agent. The agents then apply planning, reasoning, and learning methods to support tasks such as identifying threats, enriching data, correlating alerts, or prioritising vulnerabilities for remediation. The company listed several key benefits of its framework for MSSPs, including the automation of threat intelligence, SOC, and vulnerability management tasks; reduction in analyst workload while accelerating detection and response times; improvement in decision accuracy with a reduction in false positives; enablement of continuous monitoring across multiple clients without increasing staffing; and the potential to increase both scalability and profitability whilst preserving service quality. SOCRadar reports that it serves over 800 customers in 70 countries. Its Extended Threat Intelligence Platform makes use of artificial intelligence and machine learning for threat detection and to deliver actionable intelligence against cyber threats. The suite of offerings includes Cyber Threat Intelligence, External Attack Surface Management, Brand Protection, Dark Web Monitoring, and Supply Chain Threat Intelligence.
Zawya
08-05-2025
- Business
- Zawya
Help AG joins the Microsoft Intelligent Security Association
Dubai, United Arab Emirates — Help AG, today announced it has become a member of the Microsoft Intelligent Security Association (MISA), an ecosystem of independent software vendors (ISVs) and managed security service providers (MSSPs) that have integrated their solutions with Microsoft Security technology to better defend our mutual customers against a world of increasing cyber threats. Help AG's NextGen Cloud SOC, powered by Microsoft Sentinel, offers a comprehensive Managed Detection and Response (MDR) service to combat advanced cyber threats. As a leading MSSP, Help AG integrates Microsoft Sentinel's SIEM capabilities with AI-driven analytics and machine learning to enable rapid threat detection, monitoring, and automated response. Help AG's proprietary Project Unicorn platform enhances Microsoft Sentinel's capabilities, offering over 450 detection use cases and advanced threat-hunting methodologies for proactive and reactive defense. With Microsoft specializations and certifications in cloud security, automation, and incident response, Help AG provides scalable, regulatory-compliant MDR solutions tailored for enterprises and governments, ensuring robust protection against evolving cyber risk. Commenting on the achievement, Stephan Berner, Chief Executive Officer at Help AG, said: 'Becoming a member of MISA underscores our commitment to delivering cutting-edge cybersecurity solutions that empower organizations to stay ahead of evolving threats. By aligning with Microsoft's security ecosystem, we enhance our ability to provide AI-driven threat detection, rapid response, and proactive defense. This milestone reflects our dedication to safeguarding our clients' digital transformation journeys with industry-leading security expertise and innovation.' 'The Microsoft Intelligent Security Association has grown into a vibrant ecosystem comprised of the most reliable and trusted security software vendors across the globe,' said Maria Thomson, Director, Microsoft Intelligent Security Association. 'Our members, like Help AG, share Microsoft's commitment to collaboration within the cybersecurity community to improve our customers' ability to predict, detect, and respond to security threats faster.' Established in 2018 to bring together Microsoft leaders, ISVs, and MSSPs, MISA focuses on collaborating to combat security threats and create a safer environment for all. Its mission is to provide intelligent, industry-leading security solutions that work together to help protect organizations at the speed and scale of AI in an ever-increasing threat landscape. About Help AG Help AG, an e& enterprise company, is a recognized leader in next-generation cybersecurity technology and innovation. We combine strategic consulting with bespoke information security solutions and services to empower governments and enterprises across the Middle East and Africa to secure their digital transformation journey while maintaining a competitive edge. Leveraging e&'s robust technology portfolio, vast market reach, and deep expertise, Help AG enables organizations in the region with the tools and capabilities needed to confidently navigate the ever-changing cybersecurity landscape. Our advanced security offerings, coupled with a commitment to cybersecurity innovation and compliance, ensure that our customers benefit from unparalleled resilience and agility in an increasingly digital world. As a trusted partner to both governments and enterprises, Help AG is dedicated to fostering a secure and compliant digital environment, helping our clients thrive in their digital endeavors. About e& enterprise At e& enterprise, we specialise in supporting governments and large-scale organisations undergo successful digital transformations. Through optimising operational efficiencies, enhancing customer engagement, and empowering data-driven decision-making, we enable seamless, sustainable, and secure transitions into the ever-evolving digital era. Currently operating in the UAE, KSA, and Oman; our cutting-edge digital solutions are specifically designed to deliver tangible business value and address the unique challenges faced by organisations and executives across various industries. With a proven track record, extensive consulting expertise unrivalled technical experts and the ability to deploy and manage complex solutions, we collaborate closely with our customers, providing tailored solutions that empower them to navigate their end-to-end digital transformation journey and turn their vision into reality.
Mid East Info
07-05-2025
- Business
- Mid East Info
Help AG report defines AI, quantum and resilience as the new cybersecurity frontiers for the GCC - Middle East Business News and Information
Help AG's highly anticipated State of the Market Report 2025 calls for urgent quantum-readiness and AI-powered cyber autonomy, as Distributed Denial-of-Service cyberattacks in the UAE surged from 38,797 in 2019 to 373,429 in 2024; a staggering 862.45% increase, Help AG observed. Offering deep insights into the most pressing cyber trends across the UAE and Saudi Arabia, the State of the Market Report 2025 was unveiled at an exclusive media roundtable on Day 1 of GISEC Global. Dubai, UAE / Riyadh, KSA – May, 2025: Help AG, the cybersecurity arm of e& enterprise and the region's leading Managed Security Services Provider (MSSP), unveiled its highly anticipated State of the Market Report 2025 on Day 1 of GISEC Global ( May 6-8; Dubai World Trade Centre ). The Help AG report explores how AI-driven attacks, data-centric threats, and quantum-readiness are reshaping enterprise and government security strategies across the GCC. Distributed Denial-of-Service (DDoS) cyberattacks in the UAE surged from 38,797 in 2019 to 373,429 in 2024 — a staggering 862.45% increase, as observed by Help AG. The report reveals a sharp escalation not only in volume but also in sophistication, with attacks becoming more targeted and persistent. In one instance, a single DDoS attack lasted more than 35 days in 2024. While volumetric attacks were fewer, the strategic focus on government and critical infrastructure is raising significant alarm across the cybersecurity community. Offering deep intelligence into the most pressing cyber trends across the UAE and Saudi Arabia, the State of the Market Report 2025 was unveiled at an exclusive media roundtable at GISEC Global. Speaking at the sidelines of the launch, Stephan Berner, Chief Executive Officer of Help AG, said: 'We are witnessing a shift from cybersecurity to cyber autonomy where systems don't just defend, they decide. In a region driving the world's most ambitious digital projects, automation alone is not enough. Autonomy, built on trust, intelligence, and sovereign infrastructure, is the new frontier.' Nicolai Solling, Chief Technology Officer of Help AG, added: 'Resilience in cybersecurity now means protecting the technologies shaping our future—AI, quantum computing, and the expanding digital ecosystem. At Help AG, we enable organizations to stay not only secure, but agile in the face of rapid innovation and growing complexity.' KEY INSIGHTS – GCC Escalating Threats from AI and Data Breaches: Help AG's report highlights the rise of GenAI-powered phishing and impersonation attacks that are faster, stealthier, and harder to detect. Phishing remains the top threat vector, initiating 90% of incidents in 2024, while credential-based breaches were involved in nearly 45% of reported cases. Ransomware has continued to evolve, with 66% of organizations in the GCC impacted and many facing 'double extortion' tactics. The consequences are not just operational as 36% of companies that suffered breaches reported board or C-suite fallout. Data Exfiltration Increases: The Help AG report highlights the concerning rate of data exfiltration attacks, which are becoming more sophisticated, using stealthy tools like collaboration apps and cloud storage to siphon information undetected. Attackers are able to quietly steal data, making breaches harder to trace and more damaging. This shift demands advanced monitoring and tighter controls on outbound traffic and third-party integrations. Quantum Risk on the Horizon: Help AG is calling on enterprises and government bodies to proactively adopt post-quantum cryptography, to protect long-life data assets against growing vulnerabilities. With a year-on-year spike of 236% in Security-as-a-Service adoption, increased cloud misconfigurations, and evolving Operational Technology/Internet of Things (IoT) threats, the Help AG report outlines a roadmap of priority investments. TOP PRIORITIES FOR 2025 Securing AI Ecosystems and Critical Data: With GenAI-driven threats escalating, organizations must secure their AI models, Application Programming Interfaces (APIs), and sensitive data pipelines. Help AG highlights the urgent need for securing both human and machine users across the full AI lifecycle, backed by robust governance, API protection, and Software-as-a-Service (SaaS) observability. Identity & Access Management (IAM): Strengthening IAM with adaptive authentication, behavioral monitoring, and advanced access controls is now foundational to defending critical assets. Cloud Security Posture Management (CSPM): Cloud misconfigurations and human error remain leading causes of breaches. Robust CSPM strategies help organizations proactively identify, prioritize, and remediate risks across multi-cloud environments, supporting secure, compliant growth. AI-Powered Detection and Response (UEBA/NDR): As cyberattacks grow more sophisticated, AI-driven solutions like User and Entity Behavior Analytics (UEBA) and Network Detection and Response (NDR) are critical for real-time threat detection, insider risk management, and adaptive incident response. Quantum-Readiness Assessment and Strategy Development: While quantum computing threats are still emerging, Help AG stresses the need to act now. Organizations must assess crypto-inventories, prioritize migration planning, and integrate post-quantum security into long-term strategies to protect high-value assets. Cybersecurity Consolidation and Platformization: With complexity becoming a major risk, organizations are accelerating cybersecurity consolidation—favoring unified platforms that integrate detection, response, threat intelligence, and compliance. Help AG's report shows a strong shift toward multi-year OPEX-driven models and managed security services, aligning investments to business outcomes. Building Cyber Resilience by Design: In today's world, cyber resilience defines competitive advantage. Help AG advocates investing in integrated backup, recovery, Digital Forensics and Incident Response (DFIR) capabilities, and managed cyber defense services—ensuring organizations can contain, recover, and thrive after incidents, not just prevent them. About Help AG: Help AG, an e& enterprise company, is a recognized leader in next-generation cybersecurity technology and innovation. We combine strategic consulting with bespoke information security solutions and services to empower governments and enterprises across the Middle East and Africa to secure their digital transformation journey while maintaining a competitive edge. Leveraging e&'s robust technology portfolio, vast market reach, and deep expertise, Help AG enables organizations in the region with the tools and capabilities needed to confidently navigate the ever-changing cybersecurity landscape. Our advanced security offerings, coupled with a commitment to cybersecurity innovation and compliance, ensure that our customers benefit from unparalleled resilience and agility in an increasingly digital world. As a trusted partner to both governments and enterprises, Help AG is dedicated to fostering a secure and compliant digital environment, helping our clients thrive in their digital endeavors. About e& enterprise: e& enterprise is a digital transformation leader supporting governments and large-scale organisations in building and scaling their digital core. Through optimising operations, enhancing customer engagement, and data-driven decision-making, we enable seamless, sustainable, and secure transitions into the evolving digital world. Currently operating in the UAE, KSA, Egypt, Oman, Türkiye, Qatar, and South Africa, e& enterprise brings cutting-edge digital scalable solutions designed to deliver tangible business value and address the unique challenges faced by organisations and executives across industries. With a proven track record as a trusted digital transformation partner, technical expertise, and the ability to deploy and manage complex solutions, e& enterprise provides collaborative tailored solutions that empower customers to navigate their end-to-end digital transformation journey.
