CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares are trading slightly lower on Thursday.
At the Morgan Stanley TMT Conference, CrowdStrike CEO George Kurtz addressed the company’s compensation strategy following a significant outage.
Initially, CrowdStrike had estimated that the costs associated with the compensation strategy would amount to $60 million over two quarters. Meanwhile, Kurtz revealed that the actual expenses ended up being higher, totaling $86 million.
In a press release today, the company has announced a strategic distribution partnership with Arrow Electronics to expand its cybersecurity offerings across the U.S. and Canada.
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This collaboration will make CrowdStrike’s Falcon platform available to Arrow’s extensive channel partners, including resellers, managed service providers, and managed …
