secwatch.observer — SEC 8-K summary
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Issuer:     Cloudflare, Inc. (NET)
CIK:        0001477333
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001477333-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cloudflare Q4 revenue $362.5M (+32% YoY); record operating cash flow $85.4M
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- Q4 revenue $362.5M (+32% YoY); FY2023 revenue $1,296.7M (+33% YoY).
- Q4 GAAP net loss $27.9M ($0.08 loss per share); Non-GAAP net income $53.5M ($0.15 diluted EPS).
- Record Q4 operating cash flow $85.4M (24% of revenue); free cash flow $50.7M (14% of revenue).
- FY2023 non-GAAP income from operations $122.0M (9.4% of revenue) vs. loss of $35.7M in 2022.
- CEO reports record new ACV, largest customer win and renewal, and Cloudflare One momentum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1477333/000147733324000004/0001477333-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1477333/000147733324000004/cloud-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001477333-24-000004

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