Cloudflare, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 02, 2024 at 04:15 pm
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Cloudflare, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 378.6 million compared to USD 290.18 million a year ago. Net loss was USD 35.54 million compared to USD 38.08 million a year ago.
Basic loss per share from continuing operations was USD 0.1 compared to USD 0.12 a year ago.
Cloudflare, Inc. is a connectivity cloud company. The Company is a global cloud services provider that delivers a range of services to businesses of all sizes and in all geographies. Its network serves as a scalable, unified control plane to deliver security, performance, and reliability across on-premise, hybrid, cloud, and software-as-a-service applications. Its integrated suite of products consists of solutions for an organization's external-facing infrastructure, such as Websites, applications, and application programming interfaces to deliver security and reliability; solutions to serve an organization's internal resources, such as internal networks and devices; developer-based solutions, and consumer offerings. Its security products include Web Application Firewall, Bot Management, SSL/TLS Encryption, and Secure Origin Connection. Its performance products include Content Delivery, Intelligent Routing, Content Optimization, and Others. It is also focused on multicloud networking.
CLOUDFLARE, INC. 
