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Cloudflare reports Q4 adjusted EPS 6c, consensus 4c
The Fly

Cloudflare reports Q4 adjusted EPS 6c, consensus 4c

Reports Q4 revenue $274.7M, consensus $274.02M. "In the fourth quarter, we delivered record operating profit, operating margin, and free cash flow. We also surpassed more than 2,000 large customers paying us over $100,000 per year and signed a record number of deals greater than $500,000," said Matthew Prince, co-founder & CEO of Cloudflare. "During economic slowdowns, we believe that it’s important to show discipline and optimize for efficiency. We have our hands on the levers of our business and a full-throttle innovation engine that is the envy of the industry. There’s no better time to outpace the competition and continue to deliver products on our customers’ ‘must-have’ list."

Published first on TheFly

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