Cloudflare (NET) Tops Q1 EPS by 2c

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Cloudflare Announces First Quarter 2020 Financial Results

May 7, 2020 4:15 PM EDT

First quarter revenue totaled $91 million, growing 48% year-over-year Q1 GAAP gross margin of 77.2%, representing an increase of 50 basis points year-over-year; non-GAAP gross-margin of 78.3%, representing an increase of 150 basis points year-over-year Q1 GAAP net loss per share of $(0.11), representing an improvement of $0.09 year-over-year; non-GAAP net loss per share of $(0.04), an improvement of $0.15 year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced financial results for its first quarter ended March... More