Shares of Cloudflare NET moved lower in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were up 66.67% over the past year to ($0.02), which beat the estimate of ($0.03).
Revenue of $125,926,000 higher by 50.04% year over year, which beat the estimate of $118,370,000.
Looking Ahead
Cloudflare Sees Q1 Adj. EPS $(0.03)-$(0.02) vs $(0.03) Est., Sales $130M-$131M vs $125.81M Est.; Sees FY21 Adj. EPS $(0.09)-$(0.08) vs $(0.09) Est., Sales $589M-$593M vs $567.58M Est.
Details Of The Call
Date: Feb 11, 2021
Time: 05:00 PM
Price Action
52-week high: $95.77
Company's 52-week low was at $15.05
Price action over last quarter: Up 43.32%
Company Profile
Cloudflare Inc is a United States-based company engaged in the software business. It has built a cloud platform that delivers a range of network services to businesses. The product offerings of the company include Argo Smart Routing, Load Balancing, Web Optimizations, Cloudflare Access, and Cloudflare Spectrum among others.
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