Cloudflare Posts $34.1M Third-Quarter Loss
NET sits 54% above its 52-week low of $158.83 on elevated volume (2.2× avg).
Summary
Cloudflare reported a third-quarter loss of $34.1M, or 10 cents a share, on revenue of $782.5M, up 39% year over year. The company guided fourth-quarter revenue to $845M-$846M with adjusted EPS of 43 cents, and for 2026 it sees adjusted EPS of $1.35 and revenue of $32.963B-$2.964B. Context matters: the company has been growing revenue around 34% with narrowing losses, and in August raised $2.5B in 0% convertible notes due 2031, giving it a large cash cushion. A $34.1M quarterly loss on a company with an $87B market cap is modest in absolute terms; the real question is whether revenue growth and forward guidance hold up.
At the time of this announcement, NET was trading at $244.00 on NYSE in the Technology sector, with a market capitalization of approximately $87.1B. The 52-week trading range was $158.83 to $370.35. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.