Cloudflare reports Q3 revenue up 31% YoY to $562M, vs. $544.6M est., and forecasts Q4 revenue of $589M, vs. $580M est.; NET jumps 9%+ after hours (Reinhardt Krause/Investor's Business ...)
PositiveArtificial Intelligence

Cloudflare has reported a remarkable 31% year-over-year increase in its Q3 revenue, reaching $562 million, surpassing estimates of $544.6 million. The company also forecasts a strong Q4 revenue of $589 million, exceeding the expected $580 million. This positive performance has led to a notable jump of over 9% in its stock price after hours. Such growth highlights Cloudflare's robust position in the tech industry and its ability to attract more customers, which is crucial for investors and stakeholders.
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