Cloudflare (NET) Tops Q1 EPS by 1c, Offers Guidance

Cloudflare (NYSE: NET) reported Q1 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $212.2 million versus the consensus estimate of $205.65 million.

GUIDANCE:

Cloudflare sees Q2 2022 EPS of ($0.01)-$0.00, versus the consensus of $0.00. Cloudflare sees Q2 2022 revenue of $226.5-227.5 million, versus the consensus of $217.9 million.

Cloudflare sees FY2022 EPS of $0.03-$0.04, versus the consensus of $0.03. Cloudflare sees FY2022 revenue of $955-959 million, versus the consensus of $932.7 million.

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

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