Cloudflare (NYSE:NET) Q4: Beats On Revenue, Stock Jumps 20.2%
Internet security and content delivery network Cloudflare (NYSE:NET) beat analysts' expectations in Q4 FY2023, with revenue up 32% year on year to $362.5 million. The company expects next quarter's revenue to be around $373 million, in line with analysts' estimates. It made a non-GAAP profit of $0.15 per share, improving from its profit of $0.06 per share in the same quarter last year.