💨 Abstract

Cloudflare, Inc. (NET) reported a first-quarter loss of $38.5 million (~$0.11/ share). Adjusted earnings were $0.16/share, meeting analysts' expectations. Revenue was $479.1 million, exceeding forecasts. For the next quarter, Cloudflare projects $0.18 per-share earnings and $500-$501 million revenue. The full-year forecast is $0.79-$0

Courtesy: wtop.com

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