Cloudflare, Inc. (NYSE: NET) reported better-than-expected fourth-quarter financial results and issued first-quarter guidance on Thursday.
Revenue came in at $362.47 million, beating estimates of $353.1 million. The company posted earnings of 15 cents per share, topping estimates of 12 cents per share, according to data from Benzinga Pro.
Cloudflare expects full-year 2024 revenue of $1.648 billion and $1.652 billion versus estimates of $1.65 billion. The company sees full-year earnings in the range of 58 cents to 59 cents per share versus estimates of 56 cents per share.
“To close out the year, strength in our business was driven by robust momentum with large customers, significant progress in …