“The Buzz” Show: Cloudflare (NYSE: NET) Reports Better-than-Expected Earnings Guidance | Financial Buzz

“The Buzz” Show: Cloudflare (NYSE: NET) Reports Better-than-Expected Earnings Guidance

FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Cloudflare Reports Better-than-Expected Earnings Guidance”

Cloudflare, Inc. (NYSE: NET) is up nearly 17% in premarket and early morning trading as the stock rallied on better-than-expected results and a positive outlook.

In addition to expecting a revenue increase in the next quarter, the company reported revenues of $114.2 million, ahead of the expected $103.2 million and had a 2 cents per share loss for this quarter while analysts expected a loss of 5 cents per share.

Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Cloudflare’s platform protects and accelerates any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was named to Entrepreneur Magazine’s Top Company Cultures 2018 list and ranked among the World’s Most Innovative Companies by Fast Company in 2019.

For more information, please visit: Cloudflare, Inc.

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