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

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

Cloudflare Announces First Quarter 2022 Financial Results

May 5, 2022 4:15 PM EDT

First quarter total revenue totaled $212.2 million, representing an increase of 54% year-over-year Record dollar-based net retention of 127%, representing an increase of 400 basis points year-over-year Strong paying customer growth, with a record addition of roughly 14,000 paying customers in the quarter, bringing the total number of paying customers to 154,109

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 31, 2022.

Cloudflare had a terrific first quarter of 2022,... More