earnings
confidence high
sentiment positive
materiality 0.80
Cloudflare Q4 revenue $459.9M (+27% YoY); non-GAAP EPS $0.19 beats
Cloudflare, Inc.
2024-FY EPS reported
-$0.23
revenue$1,669,626,000
- Q4 revenue $459.9M (+27% YoY); FY24 revenue $1,669.6M (+29% YoY).
- GAAP net loss narrowed to $12.8M ($0.04/sh) from $27.9M; non-GAAP net income $68.8M ($0.19/sh) vs $53.5M ($0.15/sh).
- Customers spending >$1M/yr grew to 173 (+47% YoY); 55 added in 2024, over half in Q4.
- GAAP loss from operations was $34.7M (7.5% rev) vs $42.8M (11.8%) a year ago.
- Free cash flow $47.8M (10% rev) in Q4; FY24 FCF $166.9M (10% rev).