Cloudflare Q2 Adj. EPS $0.29 Beats $0.27 Estimate, Sales $696.061M Beat $665.500M Estimate
Cloudflare (NYSE:NET) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.27 by 7.41 percent. This is a 38.1 percent increase over earnings of $0.21 per share from the same
Cloudflare made more money than experts thought it would—both on earnings (the profit part) and sales (the money coming in). When a company beats what people expected, it's a sign the business is running well and growing stronger than planned.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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