Cloudflare (NET) Tops Q2 EPS by 3c

Cloudflare (NYSE: NET) reported Q2 EPS of ($0.03), $0.03 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $99.7 million versus the consensus estimate of $94.14 million.

GUIDANCE:

Cloudflare sees Q3 2020 EPS of ($0.06)-($0.05), versus the consensus of ($0.05). Cloudflare sees Q3 2020 revenue of $102.5-103.5 million, versus the consensus of $98.7 million.

Cloudflare sees FY2020 EPS of ($0.18)-($0.17), versus the consensus of ($0.19). Cloudflare sees FY2020 revenue of $404-408 million, versus the consensus of $393.06 million.

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

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