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0 0 -0.00299279009658548 -0.00285675418310445 -0.000272071826962264 -0.00639368793361446 -0.0127873758672289 -0.0110869269487144
Stock impact report

Cloudflare First Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line [Yahoo! Finance]

Cloudflare, Inc. Class A (NET) 
Last cloudflare, inc. class a earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Net loss: US$35.5m (loss narrowed by 6.7% from 1Q 2023). US$0.10 loss per share (improved from US$0.12 loss in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Cloudflare Revenues Beat Expectations Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) was mostly in line with analyst estimates. Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in the US. Performance of the American IT industry. The company's shares are down 15% from a week ago. Risk Analysis You still need to take note of risks, for example - Cloudflare has 3 warning signs we think you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data Show less Read more
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