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Delta, CrowdStrike
Delta earnings reveal true cost of CrowdStrike meltdown
Delta’s third quarter earnings revealed just how badly the company was affected by July’s CrowdStrike meltdown.
Delta Stock Falls After Earnings Miss and Weak Guidance. Cost of CrowdStrike Glitch Revealed.
The carrier says July’s global tech glitch at CrowdStrike cost it about 45 cents a share in profit over the three months ended Sept. 30.
CrowdStrike outage knocks Delta's earnings, which fell 26% in the third quarter
The Atlanta-based airline reported adjusted net income of $971 million in the third quarter, a 26% reduction compared with last year, according to its latest earnings report. The company posted $14.6 billion in adjusted operating revenue, which came out slightly below analyst expectations and remained largely unchanged from a year earlier.
Delta Still Wants Payback for CrowdStrike Outage
Delta Air Lines continues to pursue compensation from CrowdStrike and Microsoft for the global IT outage that [dented its earnings](
Delta shares bounce back after airline reveals $380 million hit from CrowdStrike outage
Delta struggled to recover from the massive IT outage in July after a failed software update from cybersecurity company CrowdStrike.
Delta Air Lines spent $170 million on customer and crew-related costs in wake of CrowdStrike outage
Delta Air Lines was the worst-hit carrier following the CrowdStrike outage in July, canceling more than 7,000 flights across five days.
Delta expects higher earnings in fourth quarter
Delta Sees Minimal CrowdStrike Impact, Expects Lower Demand Around the Election
Delta is expecting more growth in the fourth quarter, but Election Day may cause a brief dip in travel demand.
Delta expects higher earnings in fourth quarter despite lower demand around the election
Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays.
Delta warns of revenue hit from weak travel demand ahead of election
Delta Air Lines warned of a hit to its fourth-quarter revenue from a likely slowdown in U.S. travel demand in the days leading up to the presidential election, sending its shares down 2.6% before the bell on Thursday.
5h
on MSN
Delta Air Lines’ guidance falls short after summer challenges, CrowdStrike outage
Delta also subtly shifted its profit outlook for the full year, saying it will be “around the midpoint” of its long-held ...
8h
Heard on the Street: Delta’s Revenue Problems Went Beyond CrowdStrike
A faulty CrowdStrike update in July made Delta Air Lines’ third-quarter results look very unflattering. There are many other ...
12h
on MSN
Delta reports a profit despite its service meltdown
Delta Air Lines reported a profitable third quarter, as the airline weathered a $500 million hit from a July service meltdown ...
11h
'Caused by Crowdstrike': Delta CEO cites tech disruption as earnings miss
Delta misses Q3 expectations, blaming Crowdstrike after a massive IT debacle wiped valuable revenue and earnings from the ...
New York Post
6h
Delta Air Lines warns of revenue hit as election spurs travelers to stay home
A software update in July by global cybersecurity firm
CrowdStrike
triggered system problems for
Delta
and other airlines ...
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