Cloudflare Announces Third Quarter 2024 Financial Results
Cloudflare, Inc. Class A (NET)
Last cloudflare, inc. class a earnings: 2/13 04:15 pm
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Source: Business Wire
Third quarter revenue totaled $430.1 million, representing an increase of 28% year-over-yearGAAP loss from operations of $30.8 million, or 7% of revenue, and non-GAAP income from operations of $63.5 million, or 15% of revenueOperating cash flow of $104.7 million, or 24% of revenue, and free cash flow of $45.3 million, or 11% of revenue SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced financial results for its third quarter ended September 30, 2024."I am pleased with our results for the third quarter—exceeding expectations for revenue, operating margin, and free cash flow while also reaching a key inflection point in the transformation of our go-to-market organization. In addition, we added a record 219 large customers and achieved a new milestone—35% of the Fortune 500 are now paying Cloudflare customers,” said Matthew Prince, co-founder & CEO of Cloudflare. “I’m also proud of what we did to support causes even bi
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- Cloudflare Expands Presence in Mexico Amid Growing Internet Usage and Cybersecurity ThreatsBusiness Wire
- Cloudflare Named a Leader in the 2024 IDC MarketScape for Worldwide Edge Delivery ServicesBusiness Wire
- Best internet speed tests of 2024 [USA TODAY]USA TODAY
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Earnings
- 11/7/24 - Beat
NET
Sec Filings
- 11/21/24 - Form 144
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- NET's page on the SEC website