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Cloudflare Stock Tanks Following Q1 Results, Subpar Guidance - Here's Why - Cloudflare (NYSE:NET)

Cloudflare reported quarterly earnings of 16 cents per share which beat the analyst consensus estimate of 13 cents by 23.08%. Quarterly sales clocked in at $378.6 million which beat the analyst consensus estimate of $373.09 million by 1.48% and represents a 30.47% increase from the prior year's period.
Cloudflare Inc Netreported Matthew Prince Rivian Automotive Receives Incentive Package Going On With Rivian Benzinga Pro

Cybersecurity Firm Fortinet Q1 Earnings: Product Revenue Falls, Billings Fall, Robust Outlook - Fortinet (NASDAQ:FTNT)

Fortinet reported quarterly earnings of 43 cents per share which beat the analyst consensus estimate of 38 cents by 13.16%. Quarterly sales came in at $1.35 billion, beating the analyst consensus estimate of $1.338 billion and representing a 6.97% increase over sales of $1.262 billion from the same period last year.
Ken Xie Zscaler Inc Fortinet Inc Sentinelone Inc Crowdstrike Holdings Inc Security Operations

Booking.Com's Q1 Earnings Show Growth In Travel Demand - Here's Why - Booking Holdings (NASDAQ:BKNG)

Booking reported quarterly earnings of $20.39 per share which beat the analyst consensus estimate of $14.06 by 45.02%. The company reported quarterly sales of $4.415 billion which beat the analyst consensus estimate of $4.254 billion by 3.79% and represents a 16.86% percent increase over sales of $3.778 billion from the same period last year.
Glenn Fogel Holdings Inc Rivian Automotive Receives Incentive Package Going On With Rivian Benzinga Pro

Amgen Reports Better-Than-Expected Q1 Results, $50M Milestone Payment - Amgen (NASDAQ:AMGN)

Amgen reported quarterly earnings of $3.96 per share which beat the analyst consensus estimate of $3.87 by 2.33%. The company said EPS decreased by 1% due to higher operating and interest expenses driven by the Horizon acquisition, partially offset by higher revenues.
Roberta Bradway Royalty Pharma Plc Amgen Inc Arrowhead Pharmaceuticals Inc Arrowhead Pharmaceuticals Outcomes Trial

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Beyond Rs 76k-crore: Government to scale up semiconductor package, ET Telecom

Budget For Semiconductors: “The new package would be one of the key agendas for the new govt and will be taken up on a priority basis,” one of the sources said, pointing out that new proposals that are coming in for semiconductors necessitate a fresh package.
United States Japanese Renesas Electronics Semiconductor Assembly Tata Electronics Tower Semiconductors Taiwanese Powerchip Semiconductor Manufacturing Corp At Dholera

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