Cloudflare's (NYSE:NET) Q1 Sales Top Estimates But Stock Drops 14.3% [Yahoo! Finance]
Cloudflare, Inc. Class A (NET)
Last cloudflare, inc. class a earnings: 2/13 04:15 pm
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Source: Yahoo! Finance
The company expects next quarter's revenue to be around $394 million, in line with analysts' estimates. It made a non-GAAP profit of $0.16 per share, improving from its profit of $0.08 per share in the same quarter last year. Is now the time to buy Cloudflare? Find out in our full research report Cloudflare (NET) Q1 CY2024 Highlights: Revenue: $378.6 million vs analyst estimates of $373.4 million (1.4% beat) EPS (non-GAAP): $0.16 vs analyst estimates of $0.13 (22.6% beat) Revenue Guidance for Q2 CY2024 is $394 million at the midpoint, roughly in line with what analysts were expecting The company reconfirmed its revenue guidance for the full year of $1.65 billion at the midpoint Gross Margin (GAAP): 77.5%, up from 75.7% in the same quarter last year Free Cash Flow of $35.61 million, down 29.8% from the previous quarter Market Capitalization: $29.91 billion “The first quarter marked a strong start to the year, as we grew revenue 30% year-over-year to $378.6 million—f
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News
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cloudflare, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cloudflare, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now [Yahoo! Finance]Yahoo! Finance
- Cloudflare, Inc. (NYSE: NET) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $120.00 price target on the stock.MarketBeat
- East Africa sees internet connectivity disruption, Netblocks and Cloudfare says [Reuters]Reuters
NET
Earnings
- 5/2/24 - Beat
NET
Sec Filings
- 5/16/24 - Form 4
- 5/9/24 - Form 4
- 5/8/24 - Form 4
- NET's page on the SEC website