SecuritySiliconANGLEabout 2 hours ago
Cloudflare shares jump 18% on revenue beat
1 min read
Cloudflare shares rose over 18% after beating Q2 estimates with revenue of $696.1 million, up 36% year-over-year, and raising full-year guidance to $2.86 billion. The company booked $150.7 million in restructuring charges tied to 1,100 job cuts, widening its net loss to $170 million.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storyCloudflare
Summary by ByteBrief
