Brent Thill Brent Thill Great. Thanks for taking my question, Team. Great hire in Mark Anderson. I realize it's fresh, still fresh, and Matthew, you talked a little bit on the call about what he's going to be focused on. But I guess maybe just I Matthew Hedberg Matthew Hedberg Andrew Nowinski Yes, Andy. I think that, first of all, the -- we didn't start out as a company that had a Zero Trust platform. And so that's something that was a very natural add-on to our network. We think it's very complementary wit ...

Cloudflare (NET) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this web security and content delivery company would post earnings of $0.10 per share when it actually produced earnings of $0.16, delivering a surprise of 60%.Over the last four ...

Matthew Prince, co-founder and chief executive officer of Cloudflare Inc., during the Fortune Brainstorm AI conference in San Francisco, California, US, on Monday, Dec. 11, 2023. The conference gathers leaders in machine learning and artificial intelligence to assess the industry and examine new business cases for AI. Photographer: David Paul Morris/Bloomberg via Getty ImagesCloudflare shares rose 19% in extended trading on Thursday after the web security and content distribution network provider issued res ...

Cloudflare Inc. shares surged 8% in Thursday’s regular session and were poised to tack on substantial further gains after the company topped expectations with its latest financial results. The stock was rising 18% in Thursday’s extended session on what Cloudflare NET, +8.35% deemed “exceptionally strong” results for the December period.The cybersecurity and software company posted a fourth-quarter net loss of $27.9 million, or 8 cents a share, whereas it lost $45.9 million, or 14 cents a share, in the year- ...

Cloudflare (NET) is scheduled to report its fourth-quarter 2023 results on Feb 8, after market close.The company projects fourth-quarter revenues in the band of $352-$353 million. The Zacks Consensus Estimate for the top line is currently pegged at $352.7 million, indicating an improvement of 28.4% year over year.Cloudflare expects non-GAAP earnings per share of 12 cents for the fourth quarter. The consensus mark is also pegged at 12 cents per share, implying a robust 100% improvement from the year-ago quar ...

Cloudflare (NET) ended the recent trading session at $79.59, demonstrating a +0.68% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.25%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 1.3%.Prior to today's trading, shares of the web security and content delivery company had gained 3.48% over the past month. This has outpaced the Computer and Technology sector's gain of 2.42% and the S&P 500's gain of 1.58 ...

The market expects Cloudflare (NET) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 8, 2024, might help the stock move higher if these key numbers ar ...

Cloudflare (NET) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this web security and content delivery company have returned -3.3%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Internet - Software industry, which Cloudflare falls in, has gained 6.2%. The key question now is: What could be the stock's future ...

In the latest market close, Cloudflare (NET) reached $83.93, with a -0.89% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.29%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw an increase of 0.43%.Shares of the web security and content delivery company have appreciated by 0.43% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.67% and the S&P 500's gain of 2.08%.The i ...

Shares of Cloudflare (NET 4.09%) rose as much as 7.2% on Monday, before settling to close up 4.1% after a notable analyst upgrade.Citi takes a measured approach toward Cloudflare stockIn note to clients today, Citigroup (C 2.56%) analyst Fatima Boolani maintained her firm's neutral rating on Cloudflare stock but also raised her per-share price target to $82 from $66. Boolani cited "encouraging" channel feedback more broadly for stocks in the cloud observability and DevOps spaces, while noting that the recen ...