ATLAS News · Technology
Cloudflare is in focus after a Q3 beat and higher guidance, per Quiver Quantitative and TIKR. Channel Dive reports a new president of revenue.
Cloudflare (NET) is drawing attention after its third-quarter results. Quiver Quantitative describes a strong beat and higher guidance as the main points of focus, and says the shares were up 4.2% on the day it published.
TIKR.com reports that Cloudflare's revenue jumped 39% in the third quarter, and that the company's CEO sees an even higher gear ahead for the business.
Separately, Channel Dive reports that Cloudflare has appointed a president of revenue. Yahoo Finance also lists an earnings call transcript for the company.
Cloudflare provides internet infrastructure and security services, and its quarterly results and guidance are closely followed by investors in the tech sector.
Earnings results, updated guidance and changes in sales leadership can shape how the market assesses a company's growth outlook.
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
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