Cloudflare (NET) Tops Q3 EPS by 6c; Guides Higher

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Cloudflare Announces Third Quarter 2022 Financial Results

November 3, 2022 4:15 PM EDT

Third quarter total revenue totaled $253.9 million, representing an increase of 47% year-over-year, surpassing $1 billion in annualized revenue Strong large customer growth, with an addition of 159 large customers in the quarter, bringing the total number of large customers to 1,908 Delivered GAAP loss from operations of $45.9 million, or 18% of total revenue, and non-GAAP income from operations of $14.8 million, or 6% of total revenue

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