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The 2 Best Cybersecurity Stocks to Watch
MarketBeat· 2024-06-05 14:01
With each of these companies holding significant drivers pushing double-digit upside potential for shareholders shortly, it isn't only these stocks' clients that stand to profit from their services but also Wall Street's so-called 'smart money' investors. Before Digging deeper into these drivers, here's why cybersecurity may be the next gold mine. Everyone in the market is focusing on the wave technology stocks launching in artificial intelligence. However, a few critical areas in this transforming economy ...
LUCA REPORTS STRONG Q1 2024 WITH C$7.3M OF NET INCOME
prnewswire.com· 2024-05-30 11:00
Production of 14,148 troy oz of gold equivalent up 20% from Q4 2023, being comprised of 4,297 ounces of gold, 207,505 ounces of silver, 3,068 tonnes of zinc, 791 tons of copper and 661 tonnes of lead. Total Net Revenue of C$22.04 million, an increase 21% from Q4 2023 A milestone achievement of Positive Operating Earnings: generated C$4.8 million in operating income and C$7.3 million in net income. Cash Flow: C$4.04 million in positive operating cash flow before working capital changes. Operating Costs: All- ...
Time to Buy the Dip on Cloudflare Stock?
fool.com· 2024-05-26 09:35
Cloudflare stock just had its AI-powered 2024 rally erased, but perhaps for a very good reason. The AI momentum is starting to wear off, though, and Cloudflare's Q1 2024 earnings update proves why that's justified. Q1 revenue beat management's outlook provided three months ago and came in at $379 million (up 30% year over year). However, as cited by co-founder and CEO Matthew Prince, global economic worry is still clouding the trajectory moving forward. Previous full-year 2024 revenue guidance of $1.648 bil ...
SILVERCORP REPORTS ADJUSTED NET INCOME OF $39.3 MILLION, $0.22 PER SHARE, AND CASH FLOW FROM OPERATIONS OF $91.6 MILLION FOR FISCAL 2024
prnewswire.com· 2024-05-23 21:12
Trading Symbol: TSX: SVM NYSE AMERICAN: SVM VANCOUVER, BC, May 23, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the three months ("Q4 Fiscal 2024") and twelve months ended March 31, 2024 ("Fiscal 2024"). All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q4 FISCAL 2024 HIGHLIGHTS FOR FISCAL 2024 CONSOLIDATED FINANCIAL RESULTS | | | Three months ended Ma ...
No New Highs for Cloudflare in 2024
MarketBeat· 2024-05-09 11:46
Key PointsCloudflare had a solid quarter, but the results were tepid relative to analysts' consensus, giving no reason to rally. Analysts are lowering their targets and providing a headwind for the market. The stock could rebound within its range, but only a relief rally is expected, and range-bound conditions will likely persist. 5 stocks we like better than CloudflareCloudflare NYSE: NET is a great company growing its business and building leverage. However, despite the massive decline in the share price, ...
1 Top Growth Stock Down 31% You May Regret Not Buying Right Now as It Could Soar 91%
The Motley Fool· 2024-05-09 09:30
A solid revenue pipeline and a huge end-market opportunity indicate that this cloud stock could regain its mojo and fly higher.Cloudflare (NET -2.27%) started 2024 strong with a solid set of results in February that sent its shares soaring. However, the stock's red-hot rally came to a screeching halt last week following the release of its latest quarterly numbers.The cloud, cybersecurity, and internet services provider released its first-quarter 2024 results on May 2, and the stock plunged 16% as Wall Stree ...
Where Will Cloudflare Stock Be in 1 Year?
The Motley Fool· 2024-05-06 21:15
The cloud software company is struggling to grow into its premium valuations.Cloudflare's (NET -0.13%) stock sank 17% after it posted its first quarter report on May 2. The cloud-based content delivery network (CDN) provider's revenue rose 30% year over year to $379 million and exceeded analysts' estimates by $5 million. Its adjusted EPS doubled to $0.16 and cleared the consensus forecast by three cents.Those headline numbers were healthy, but Cloudflare's stock might have been due for a breather after more ...
Is Cloudflare Stock Going to $94? 1 Wall Street Analyst Thinks So.
The Motley Fool· 2024-05-06 11:07
The company is pricey on its valuations, so some expect it to outperform.Cloudflare (NET -16.38%) stock has been having a rough time of it very recently, following an earnings report that left many investors dissatisfied.Many are getting more bearish on the content delivery network (CDN) specialist, including several analysts tracking the stock. One just pulled the lever on a big price target cut, but here's the catch -- he kept his buy recommendation intact, and had some positive things to say about that r ...
Cloudflare(NET) - 2024 Q1 - Earnings Call Transcript
2024-05-03 00:20
Cloudflare, Inc. (NYSE:NET) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Phil Winslow - Vice President, Strategic Finance, Treasury & Investor Relations Matthew Prince - Co-Founder & Chief Executive Officer Mark Anderson - President, Revenue Thomas Seifert - Chief Financial Officer Conference Call Participants Matt Hedberg - RBC Capital Markets Andrew Nowinski - Wells Fargo Brent Thill - Jefferies Joel Fishbein - Truist Securities Jonathan Ho - William Blair Tom Blakey - KeyB ...
Cloudflare(NET) - 2024 Q1 - Earnings Call Presentation
2024-05-02 21:16
DEI Report/ESG Index | --- | --- | --- | |-------------------------|------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Cloudflare's mission is to | | | | | | | | Help build a better Internet | | | | | | | | | | | | | | | | | | | | | | | © 2024 Cloudflare, Inc. | | 5 | ATION OBTAINABLE, NO CLAIM CAN BE NADE FOR ITS ACCURACY) From Endless Hardware to a Global Cloud Platform • Specialized hardware vv • Unified control plane • Broad, integrated pr ...