secwatch.observer — SEC 8-K summary
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Issuer:     Cloudflare, Inc. (NET)
CIK:        0001477333
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001477333-23-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cloudflare Q2 revenue $308.5M (+32% YoY); record bookings and operating profit
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- Revenue $308.5M, +32% YoY; GAAP net loss $94.5M ($0.28 per share).
- Non-GAAP income from operations $20.3M (6.6% margin); non-GAAP EPS $0.10.
- Operating cash flow $64.5M (21% of revenue); free cash flow $20M (6% of revenue), both improved YoY.
- Record new ACV bookings in Q2; fourth consecutive quarter of record operating profit.
- CEO highlighted AI momentum; Cloudflare claims most commonly used cloud among leading AI startups.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477333/000147733323000055/0001477333-23-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477333/000147733323000055/cloud-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001477333-23-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer