Cloudflare (NET) to Report Q1 Earnings: What's in Store?

Cloudflare (NET) is scheduled to report first-quarter 2024 results on May 2, after market close.The company projects first-quarter revenues of $372.5-$373.5 million. The Zacks Consensus Estimate for the top line is pegged at $372.9 million, indicating a year-over-year improvement of 28.5%.Cloudflare expects non-GAAP earnings per share of 13 cents for the to-be-reported quarter. The consensus mark for earnings is also pegged at 13 cents per share, implying an improvement of 62.5% from the year-ago quarter’s ...