Cloudflare climbs after biggest earnings beat in years
FROM THE WIRE · SEEKINGALPHA.COM
[Exterior view of Cloudflare headquarters, San Francisco] Sundry Photography/iStock Editorial via Getty Images Cloudflare (NET [https://seekingalpha.com/symbol/NET]) shares climbed 12% during Friday morning market action after its third-quarter results…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA strong beat versus consensus and a raised revenue guidance are relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Shares climbed 12% in Friday morning trading.
- 02Q3 revenue grew 39% year over year, 620bps above consensus.
- 03FY26 total revenue guidance was raised by more than the Q3 beat.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets