Cloudflare shares surge 17% as Q3 revenue beats expectations
NET Cloudflare Inc
$268.75 +9.91%
View chart & analysis → - 1Cloudflare reported Q3 revenue of $783 million, exceeding analyst expectations.
- 2Cloudflare reached an active developer base of 10 million.
- 3Cloudflare shares rose 17% during Friday trading.
So what's the key point?
Cloudflare earned more money than experts expected. Following this news, the stock price rose by 17%.
Source The Motley Fool +1 · View original ↗
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