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Cloudflare(NET) - 2024 Q2 - Earnings Call Presentation
2024-08-01 23:57
| --- | --- | |---------------------|-------| | | | | | | | | | | | | | | | | | | | Investor | | | | | | Presentation | | | | | | | | | | | | | | | As of June 30, 2024 | | | | | | | | Safe Harbor This presentation has been prepared by Cloudflare, Inc. ("Cloudflareˮ) for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise, or representation by the presenter or Cloudflare or any officer, director, employee, ...
Cloudflare (NET) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-01 23:00
Cloudflare (NET) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this web security and content delivery company would post earnings of $0.13 per share when it actually produced earnings of $0.16, delivering a surprise of 23.08%. Over the las ...
Cloudflare Q2 Earnings Highlights: Revenue Beat, EPS Beat, Guidance Shines
Benzinga· 2024-08-01 21:09
Cloud connectivity company Cloudflare Inc NET reported second-quarter revenue of $401.0 million, up 30% year-over-year. The revenue beat a Street consensus estimate of $394.69 million, according to data from Benzinga Pro. The company reported earnings per share of 20 cents, which beat a Street consensus estimate of 14 cents per share. "We had a strong second quarter, crossing $1.6 billion in annualized revenue and growing 30% year-over-year. The world is still complicated, but our team remained focused on e ...
Cloudflare(NET) - 2024 Q2 - Quarterly Report
2024-08-01 20:23
Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________ FORM 10-Q __________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39039 __ ...
Cloudflare(NET) - 2024 Q2 - Quarterly Results
2024-08-01 20:17
Cloudflare Announces Second Quarter 2024 Financial Results • 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, CA, August 1, 2024 — Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, t ...
Should You Buy, Sell or Hold Cloudflare (NET) Ahead of Q2 Earnings?
ZACKS· 2024-07-29 13:51
The web infrastructure and website security solution provider's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 37.7%. Earnings Whispers Our proven model does not conclusively predict an earnings beat for Cloudflare this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. You can see the complete list of today's Zacks #1 Rank stoc ...
LOEWS CORPORATION REPORTS NET INCOME OF $369 MILLION FOR THE SECOND QUARTER OF 2024
Prnewswire· 2024-07-29 10:00
Book value per share excluding AOCI 85.42 81.92 Three months ended June 30, 2024 compared to 2023 CNA: Net income attributable to Loews Corporation improved 14% to $291 million from $255 million. Core income increased 6% to $326 million from $308 million. Net investment income increased due to higher income from fixed income securities as a result of favorable reinvestment rates and a larger invested asset base and favorable returns from limited partnerships. Net written premiums grew by 6% driven by strong ...
Cloudflare (NET) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-07-26 22:56
Shares of the web security and content delivery company have depreciated by 4.58% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.32% and lagging the S&P 500's loss of 1.16%. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Cloudflare. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business per ...
Cloudflare (NET) Flat As Market Gains: What You Should Know
ZACKS· 2024-07-22 23:06
Shares of the web security and content delivery company have appreciated by 0.92% over the course of the past month, outperforming the Computer and Technology sector's loss of 4.77% and the S&P 500's gain of 0.43%. Investors should also note any recent changes to analyst estimates for Cloudflare. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Looking at it ...
NET Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages Cloudflare, Inc. (NYSE: NET) Investors to Contact the Firm
Prnewswire· 2024-07-21 23:30
RADNOR, Pa., July 21, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Cloudflare, Inc. (NYSE: NET) ("Cloudflare"). If you are a Cloudflare investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270- 1453 or E-mail at [email protected]. You c ...