BUZZ-Cloudflare rises after projecting upbeat annual revenue forecast
ReutersFeb 6, 2025 9:34 PM
Shares of software firm Cloudflare NET.N rise 6% to $150 in extended trading after mixed results
NET see FY25 revenue between $2.090 bln and $2.094 bln, above analysts' estimates of $2.09 bln, according to data complied by LSEG
Expects Q1 revenue of $468 mln to $469 mln, below estimates of $473.7 mln
Posts Q4 revenue of $459.9 mln, beating estimates of $452.1 mln
NET had risen 29.3% in 2024
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