December 13, 2019

CrowdStrike Nearly Doubles Subscription Revenue and ARR in Q3 FY2020

CrowdStrike Holdings, Inc. is moving into the fourth quarter of its fiscal year 2020 on a strong note, nearly doubling subscription revenue and annualized recurring revenue during the third quarter for the period ended October 31, 2019. The company reported subscription revenue of $114.2 million, a 98% increase over the same period last year. The company also saw significant growth in annualized recurring revenue, reporting $501.7 million, a 97% increase year-over-year, and it set a record for net new ARR of $77.9 million, a 32% increase.

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illustration of the number five, representing the five subscription business topics for this column, Five-on-Friday

Five on Friday: OTT, Customer Experience and Magazine Growth

Happy Friday the 13th, everyone! We hope you have had a good week. In today’s edition of Five on Friday, Parks Associates announces the top 10 U.S. subscription OTT services for 2019, we share ways customer experience impacts retention, magazines are getting more attention via mobile and video, Google’s most recent algorithm is causing problems, and a subscription job opportunity from the NBA.

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