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Cloudflare (NYSE:NET – Get Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided earnings per share guidance of 0.580-0.590 for the period, compared to the consensus earnings per share estimate of 0.560. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion. Cloudflare […]
Stocks that traded heavily or had substantial price changes on Friday: Cloudflare Inc., up $17.61 to $107.92. The web security and content delivery company…
The Mirai botnet, first discovered way back in 2016, made headlines and gained infamy as the biggest botnet to hit networks the world over. It has resurfaced with multiple ways of infecting Internet of Things (IoT) devices and the ability to launch zero-day exploits.
Cloudflare Inc (NYSE:NET) shares are trading higher in Thursday’s after-hours session following the company reporting better-than-expected financial results. Q4 Revenue: $362.47 million, beat estimates of $353.1 million Q4 EPS: 15 cents, beat estimates of 12 cents Revenues were up 32% on a year-over-year basis. Operating cash flow came in at $85.4 million, and free cash flow was $50.7 million during the quarter. The company ended the quarter with $1.67 billion in cash, equivalents and available-
(Bloomberg) -- Cloudflare Inc. rose in extended trading after the cloud-services software company reported fourth-quarter sales and profit that topped analysts’ estimates.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyBiden Assails Special Counsel for Questioning Mental AcuityNew York City Is Considering a Laundry Pods CrackdownEinhorn Says Markets ‘Fundamentally Broken’ By Passive, Quant InvestingRevenue