CrowdStrike Holdings Inc Q4 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Matthew George Hedberg - RBC Capital Markets, Research Division - Analyst : George, a lot of great year-end metrics. I think the emerging product growth is particularly exciting. And identity really sticks out to us from what you've said and what we've been hearing. Fast forward a year from now, which emerging product do you think we'll look back at having the biggest incremental impact on fiscal '24 and why?

Question: Gabriela Borges - Goldman Sachs Group, Inc., Research Division - Analyst : So I wanted to ask you the rate of change question on the budgeting environment. Last quarter, you gave a statistic on deals taking 11% longer to close. So looking for a quantitative update there. And then any qualitative overlay either from myself or from you, George, and what you're sharing from customers. I'm willingness to spend an endpoint in 2023 versus maybe what they were expecting 90 days ago.

Question: Patrick Edwin Ronald Colville - Scotiabank Global Banking and Markets, Research Division - Analyst : This is Patrick Colville from Scotiabank. My question is about the net cash. You guys have about $2 billion of net cash on the balance sheet. We saw CRM. We saw Workday. And just last week, Snowflake announced buyback programs. Do you think that's something that you guys might consider on a go-forward basis to limit dilution in calendar 2023 and beyond?