Is CrowdStrike Stock a Buy on the Dip?

CrowdStrike raised its full-year annual recurring revenue guidance to 27% to 29% from 23% to 24% ending ARR reached $5.51 billion with net new ARR at $256 million. Subscription revenue rose 26% to $1.362 billion and gross margin remained at 74.89%. The company added 300 Falcon Flex accounts and 480 Reflex customers.