Cloudflare Announces Second Quarter 2022 Financial Results
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Cloudflare (NET) Surges After Topping Q2 Expectations
August 5, 2022 11:39 AM EDTCloudflare (NYSE: NET) surged 24% after the company reported earnings aftermarket Thursday, topping earnings and revenue estimates.
The San Francisco, California-based company, reported second-quarter earnings of $0.00, $0.01 better than the analyst estimate of a loss of $0.01. Revenue for the quarter came in at $234.5 million versus the consensus estimate of $227.33 million. Revenue grew 54% year-over-year.
The company said it experienced robust large customer growth during the quarter, with a record addition of 212 large customers, bringing its number of large customers to 1,749.
"We delivered another strong quarter, with revenue... More
Cloudflare (NET) Tops Q2 EPS by 1c, Offers Guidance
August 4, 2022 4:18 PM EDTCloudflare (NYSE: NET) reported Q2 EPS of $0.00, $0.01 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $234.5 million versus the consensus estimate of $227.33 million.
GUIDANCE:
Cloudflare sees Q3 2022 EPS of $0.00-$0.01, versus the consensus of $0.01. Cloudflare sees Q3... More
