'CrowdStrike, Carahsoft Struck Deal To Sell Software IRS Didn't Buy' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike and Carahsoft had an agreement to sell software to the IRS, but the IRS did not purchase it. Despite this, Carahsoft is still paying CrowdStrike.
October 25, 2024 | 4:40 pm
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NEUTRAL IMPACT
CrowdStrike had a deal with Carahsoft to sell software to the IRS, which was not purchased by the IRS. Carahsoft is still paying CrowdStrike.
The news highlights a deal between CrowdStrike and Carahsoft that did not result in a sale to the IRS, yet Carahsoft is still paying CrowdStrike. This could be neutral for CrowdStrike's stock as the financial impact is unclear, but it shows a commitment from Carahsoft.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80