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Stock impact report

Cloudflare Inc (NET) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Sales Challenges [Yahoo! Finance]

Cloudflare, Inc. Class A (NET) 
Last cloudflare, inc. class a earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Operating Profit: $63.5 million, representing an operating margin of 14.8%. Free Cash Flow: $45.3 million. Large Customers: 3,265, up 28% year over year. Dollar-Based Net Retention: 110%, down 2 percentage points quarter over quarter. Net Income: $72.6 million, or diluted net income per share of $0.20. Cash and Cash Equivalents: $1.8 billion. Remaining Performance Obligations (RPO): $1.53 billion, up 39% year over year. Guidance for Q4 2024 Revenue: $451 million to $452 million, representing a 25% increase year over year at the midpoint. Full Year 2024 Revenue Guidance: $1.661 billion to $1.662 billion, representing a 28% increase year over year. Warning! GuruFocus has detected 2 Warning Sign with NET. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Cloudflare Inc ( NYSE:NET ) achieved a revenue of $430.1 million in Q3 2024, marking a 28% year-over-year increase. The company Show less Read more
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