Cloudflare's stock catapults higher as earnings beat captures ‘robust momentum'

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- ...