Investing.com - Cloudflare (NYSE: NET) reported first quarter EPS of $0.16, $0.03 better than the analyst estimate of $0.13. Revenue for the quarter came in at $378.6M versus the consensus estimate of $373.24M.
Guidance
Cloudflare sees Q2 2024 EPS of $0.14 versus the analyst consensus of $0.13.
Cloudflare sees Q2 2024 revenue of $393.50M-$394.50M versus the analyst consensus of $393.50M.
Cloudflare sees FY 2024 EPS of $0.60-$0.61 versus the analyst consensus of $0.60.
Cloudflare sees FY 2024 revenue of $1.65B-$1.65B versus the analyst consensus of $1.65B.
Cloudflare's stock price closed at $88.94. It is up 7.61% in the last 3 months and up 112.27% in the last 12 months.
Cloudflare saw 14 positive EPS revisions and 3 negative EPS revisions in the last 90 days. See Cloudflare's stock price’s past reactions to earnings here.
According to InvestingPro, Cloudflare's Financial Health score is "fair performance".
Check out Cloudflare's recent earnings performance, and Cloudflare's financials here.
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