Cloudflare (NET) Reports In-Line Q1 EPS, Offers Q2 and FY Guidance

Cloudflare (NYSE: NET) reported Q1 EPS of ($0.03), in-line with the analyst estimate of ($0.03). Revenue for the quarter came in at $138.1 million versus the consensus estimate of $131.02 million.

GUIDANCE:

Cloudflare sees Q2 2021 EPS of ($0.04)-($0.03), versus the consensus of ($0.03). Cloudflare sees Q2 2021 revenue of $145.5-146.5 million, versus the consensus of $139.1 million.

Cloudflare sees FY2021 EPS of ($0.11)-($0.10), versus the consensus of ($0.09). Cloudflare sees FY2021 revenue of $612-616 million, versus the consensus of $593 million.

For earnings history and earnings-related data on Cloudflare (NET) click here.

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