Cloudflare (NET) Tops Q4 EPS by 3c, Offers Guidance

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Go back to Cloudflare (NET) Tops Q4 EPS by 3c, Offers Guidance

Cloudflare Announces Fourth Quarter and Fiscal Year 2023 Financial Results

February 8, 2024 4:15 PM EST

Fourth quarter revenue totaled $362.5 million, representing an increase of 32% year-over-year; fiscal year 2023 revenue totaled $1,296.7 million, representing an increase of 33% year-over-year GAAP loss from operations of $42.8 million, or 11.8% of total revenue, and non-GAAP income from operations of $39.8 million, or 11.0% of total revenue Achieved record operating cash flow and record free cash flow for the fourth quarter; operating cash flow was $85.4 million, or 24% of total revenue, and free cash flow was $50.7 million, or 14% of total revenue

SAN FRANCISCO--(BUSINESS WIRE)-- Cloudflare, Inc. (NYSE: NET), the... More