Here's Why Cloudflare Stock Climbed 25% in February
Cloudflare(NET) The Motley Fool·2024-03-08 17:25
A strong quarterly earnings report pushed Cloudflare (NET -1.30%) shares 24.6% higher last month, according to data provided by S&P Global Market Intelligence. The cybersecurity leader posted better-than-expected results and issued optimistic guidance.Investors loved Cloudflare's quarterly reportCloudflare stock climbed immediately following its Feb. 8 earnings report. The company exceeded analyst expectations and issued encouraging forecasts for the year ahead. It notched an impressive 32% revenue growth l ...