Cloudflare Inc. (NET) PT Raised to $59 at Citi

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Go back to Cloudflare Inc. (NET) PT Raised to $59 at Citi

Cloudflare (NET) stock rises on better-than-feared revenue guidance, analysts raise numbers

February 10, 2023 5:32 AM EST

Shares of Cloudflare (NYSE: NET) are up over 7% in pre-market Friday after the tech company reported better-than-expected Q4 numbers and offered solid guidance.

NET posted an EPS of $0.06 on revenue of $274.7 million, which compares to the average analyst estimate for earnings of $0.04 per share on revenue of $274.16M. The company reported 2,000 large... More