Cloudflare Sees Q3 Adj. EPS $0.10 vs $0.09 Est., Revenue $330M-$331M vs $329.41M Est.
Portfolio Pulse from Benzinga Newsdesk
Cloudflare has reported its Q3 adjusted EPS at $0.10, beating the estimate of $0.09. The company's revenue for the quarter is expected to be between $330M-$331M, surpassing the estimate of $329.41M.
August 04, 2023 | 2:28 pm
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POSITIVE IMPACT
Cloudflare's Q3 earnings beat estimates, with adjusted EPS at $0.10 and revenue between $330M-$331M. This positive financial performance may boost investor confidence.
Cloudflare's Q3 earnings have surpassed estimates, which is generally seen as a positive sign by investors. This could lead to increased investor confidence and potentially a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100