Cloudflare Stock Rises 8% as Q1 Earnings Match Estimates, Revenues Top

Cloudflare, Inc. (NET) shares gained 8.4% during Thursday’s extended trading session after the company reported non-GAAP earnings of 16 cents per share for the first quarter of 2025 that matched the Zacks Consensus Estimate. The bottom line was also flat on a year-over-year basis as the benefits of higher revenues were fully offset by increased costs, higher interest expenses as well as taxes.Cloudflare’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and met in one, deliv ...