Quartz·1 min read·medium
Cloudflare stock surged after beating earnings and raising its annual forecast
✦AI Summary
Cloudflare reported strong second-quarter financial results with revenue reaching $696.1 million, a 36% increase year-over-year. Following this performance, the company raised its annual revenue forecast to $2.87 billion.
The connectivity cloud company posted Q2 revenue of $696.1 million, up 36% year over year, and now expects full-year revenue of up to $2.87 billion
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