Cloudflare (NET) Tops Q2 EPS by 6c, Offers Guidance

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Go back to Cloudflare (NET) Tops Q2 EPS by 6c, Offers Guidance

Cloudflare Announces Second Quarter 2024 Financial Results

August 1, 2024 4:15 PM EDT

Second quarter revenue totaled $401.0 million, representing an increase of 30% year-over-year GAAP loss from operations of $34.7 million, or 9% of revenue, and non-GAAP income from operations of $57.0 million, or 14% of revenue Operating cash flow of $74.8 million, or 19% of revenue, and free cash flow of $38.3 million, or 10% of revenue

SAN FRANCISCO--(BUSINESS WIRE)-- Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced financial results for its second quarter ended June 30, 2024.

We had a strong second quarter, crossing $1.6 billion in annualized revenue and growing... More