Cloudflare (NET) Tops Q2 EPS by 6c, Offers Guidance

Cloudflare (NYSE: NET) reported Q2 EPS of $0.20, $0.06 better than the analyst estimate of $0.14. Revenue for the quarter came in at $401 million versus the consensus estimate of $394.11 million.

GUIDANCE:

Cloudflare sees Q3 2024 EPS of $0.18, versus the consensus of $0.15. Cloudflare sees Q3 2024 revenue of $423-424 million, versus the consensus of $427 million.

Cloudflare sees FY2024 EPS of $0.70-$0.71, versus the consensus of $0.63. Cloudflare sees FY2024 revenue of $1.657-1.659 billion, versus the consensus of $1.65 billion.

For earnings history and earnings-related data on Cloudflare (NET) click here.

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