earnings
confidence high
sentiment positive
materiality 0.75
Cloudflare Q3 revenue $254M (+47% YoY); non-GAAP EPS $0.06, annualized revenue tops $1B
Cloudflare, Inc.
2022-Q3 EPS reported
-$0.45
revenue$700,541,000
- Total revenue $253.9M, up 47% YoY; GAAP net loss $0.13/sh; non-GAAP net income $0.06/diluted share.
- Added 159 large customers (total 1,908); free cash flow improved to -$4.6M from -$39.7M YoY.
- GAAP operating loss $45.9M (18.1% revenue); non-GAAP operating income $14.8M (5.8% revenue).
- Cash and securities $1,636.3M; company targets $5B annualized revenue within 5 years.