Cloudflare (NET) Matches Q1 Earnings Estimates

Group 1 - Cloudflare reported quarterly earnings of $0.16 per share, matching the Zacks Consensus Estimate, and the same as the previous year [1] - The company posted revenues of $479.09 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 2.21%, compared to $378.6 million a year ago [2] - Cloudflare shares have increased approximately 13% since the beginning of the year, while the S&P 500 has declined by 4.3% [3] Group 2 - The earnings outlook for Cloudflare is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $0.19 on revenues of $500.94 million, and for the current fiscal year, it is $0.79 on revenues of $2.09 billion [7] - The Internet - Software industry, to which Cloudflare belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook [8]