Cloudflare (NET) Surpasses Q2 Earnings and Revenue Estimates

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 ...