Cloudflare, Inc. (NET) Q4 2024 Earnings Call Transcript
Cloudflare, Inc. (NYSE:NET ) Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Phil Winslow - Investor Relations Matthew Prince - Co-Founder and Chief Executive Officer Thomas Seifert - Chief Financial Officer Conference Call Participants Hamza Fodderwala - Morgan Stanley Matt Hedberg - RBC Adam Borg - Stifel Jonathan Ho - William Blair Fatima Boolani - Citi Gabriela Borges - Goldman Sachs Trevor Walsh - Citizens JMP Andrew Nowinski - Wells Fargo Operator Good day, everyone, and welcome to the Cloudflare Q4 2024 Earnings Call. This conference is being recorded.
Cloudflare (NET) Q4 Earnings and Revenues Top Estimates
Cloudflare (NET) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.15 per share a year ago.
Cloudflare: Revenue and EPS Outperform
Cloudflare (NET -1.92%), a leader in network and cybersecurity services, delivered impressive results for Q4 2024, in its earnings release on Feb. 6, 2025. Revenue hit $459.9 million, surpassing both analyst expectations of $452 million and its own guidance of $451 to $452 million.
Cloudflare Fourth Quarter Earnings Top Estimates. Revenue Outlook Meets Views.
Cloudflare stock rose on Q4 earnings and revenue that topped Wall Street targets while full-year 2025 revenue guidance met views. The post Cloudflare Fourth Quarter Earnings Top Estimates.
Cloudflare's Technicals Look Strong: Will Q4 Earnings Justify Hype?
Cloudflare Inc NET will be reporting its fourth-quarter earnings on Thursday. Wall Street expects 18 cents in EPS and $452.10 million in revenues as the company reports after market hours.
Cloudflare Gears Up to Report Q4 Earnings: What's in Store?
NET's Q4 results are likely to reflect benefits from an expanding clientele supported by its technological innovations despite macroeconomic headwinds.
Cloudflare stockforecast: buy, sell, or hold ahead of earnings?
Cloudflare stock price has rallied this year, and is hovering at its highest level since December 2021 as demand for its services rise. NET was trading at $136.85 on Monday, up by about 255% from its lowest level in 2023.
Cloudflare (NET) Exceeds Market Returns: Some Facts to Consider
In the most recent trading session, Cloudflare (NET) closed at $137.26, indicating a +0.6% shift from the previous trading day.
Is Cloudflare Stock a Buy Now?
Cloudflare (NET -3.69%) stock has been on a red-hot run on the stock market in the past six months. As of this writing, it's gained an impressive 60% thanks to the company's improving growth profile fueled by the adoption of its artificial intelligence (AI)-focused offerings.
Cloudflare (NET) Surges 10.7%: Is This an Indication of Further Gains?
Cloudflare (NET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Why Cloudflare Stock Soared Today
Cloudflare (NET 10.68%) stock surged in Tuesday's trading. The web services and cybersecurity specialist's share price ended the day's trading up 10.7% amid the backdrop of a 0.8% gain for the S&P 500 index and a 2% jump for the Nasdaq Composite index.
Here's Why Cloudflare (NET) is a Strong Momentum Stock
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