Cybersecurity Continues To Lead Cloud Stocks

Cybersecurity Stocks Report Another Strong Quarter in 2022

In Q2, cybersecurity stocks did not disappoint with revenue beats across the board. Although SentinelOne had the largest revenue beat, Crowdstrike had the largest beat from a higher revenue base.

Conclusion:

Cybersecurity continues to be a top priority in budgets and the results are showing up again in Q2. We found a strong pattern with cybersecurity stocks sustaining growth rates and strong bottom lines in Q1 and also in Q2. The cybersecurity sector overwhelmingly beat estimates compared to other sectors within tech and investors should take notice of this strength.

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Beth Kindig

Beth Kindig

1.4K Followers

CEO and Lead Tech Analyst for the I/O Fund with cumulative audited results of 141%, beating Ark and other leading active tech funds over four audit periods in 2