Published on 4 May 2024 on Simply Wall St. via Yahoo Finance
Cloudflare, Inc. (NYSE:NET) Just Released Its First-Quarter Results And Analysts Are Updating Their...
It's been a mediocre week for Cloudflare, Inc. (NYSE:NET) shareholders, with the stock dropping 15% to US$74.40 in the week since its latest first-quarter results. The results overall were pretty much dead in line with analyst forecasts; revenues were US$379m and statutory losses were US$0.10 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
See our latest analysis for Cloudflare
