Skip to main content

Market Overview

Cloudflare: Q4 Earnings Insights

Share:

Shares of Cloudflare (NYSE:NET) moved lower in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 66.67% over the past year to ($0.02), which beat the estimate of ($0.03).

Revenue of $125,926,000 higher by 50.04% year over year, which beat the estimate of $118,370,000.

Looking Ahead

Cloudflare Sees Q1 Adj. EPS $(0.03)-$(0.02) vs $(0.03) Est., Sales $130M-$131M vs $125.81M Est.; Sees FY21 Adj. EPS $(0.09)-$(0.08) vs $(0.09) Est., Sales $589M-$593M vs $567.58M Est.

Details Of The Call

Date: Feb 11, 2021

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fcloudflare.net%2F&eventid=2948633&sessionid=1&key=7274D678E7BE13B2E274B1A6E158E086&regTag=&V2=false&sourcepage=register

Price Action

52-week high: $95.77

Company's 52-week low was at $15.05

Price action over last quarter: Up 43.32%

Company Profile

Cloudflare Inc is a United States-based company engaged in the software business. It has built a cloud platform that delivers a range of network services to businesses. The product offerings of the company include Argo Smart Routing, Load Balancing, Web Optimizations, Cloudflare Access, and Cloudflare Spectrum among others.

 

Related Articles (NET)

View Comments and Join the Discussion!

Posted-In: BZI-RecapsEarnings