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Stock impact report

Cloudflare, Inc. (NYSE:NET) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates [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
The results overall were pretty much dead in line with analyst forecasts; revenues were US$379m and statutory losses were US$0.10 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. See our latest analysis for Cloudflare Taking into account the latest results, the consensus forecast from Cloudflare's 29 analysts is for revenues of US$1.65b in 2024. This reflects a notable 19% improvement in revenue compared to the last 12 months. Losses are supposed to decline, shrinking 20% from last year to US$0.43. Before this latest report, the consensus had been expecting revenues of US$1.65b and US$0.40 per share in losses. Overall it looks as though the analysts were a bit mixed on the latest Show less Read more
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