earnings
confidence high
sentiment positive
materiality 0.75
Cloudflare Q3 revenue $430.1M, up 28% YoY; non-GAAP EPS $0.20 beats
Cloudflare, Inc.
2024-Q3 EPS reported
-$0.19
revenue$1,209,680,000
- Revenue $430.1M (+28% YoY); GAAP gross margin 77.7%, non-GAAP 78.8%.
- Non-GAAP income from ops $63.5M (14.8% margin) vs $42.5M (12.7%) YoY.
- GAAP net loss $15.3M ($0.04/sh) from $23.5M; non-GAAP net income $72.6M ($0.20/sh).
- Operating cash flow $104.7M (24% rev), free cash flow $45.3M (11% rev).
- Added record 219 large customers; 35% of Fortune 500 now paying customers.