secwatch.observer — SEC 8-K summary
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Issuer:     Cloudflare, Inc. (NET)
CIK:        0001477333
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001477333-23-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cloudflare Q3 revenue $335.6M (+32% YoY); non-GAAP EPS $0.16, beats estimates
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- GAAP net loss $23.5M ($0.07 loss/share) vs $42.5M loss a year ago; non-GAAP net income $55.3M ($0.16 diluted EPS).
- Non-GAAP operating income $42.5M (12.7% of revenue) vs $14.8M (5.8%) in Q3 2022; record fifth consecutive quarter.
- Operating cash flow $68.1M (20% of revenue); free cash flow $34.9M (10% of revenue), up from negative $4.6M a year ago.
- Workers AI platform announced; expects inference-optimized GPUs in nearly all locations by end of 2024.
- Cash and securities $1,574.3M as of Sept 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477333/000147733323000062/0001477333-23-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477333/000147733323000062/cloud-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001477333-23-000062

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