Cloudflare, Inc. (NET) CEO Matthew Prince On Q3 2021 Results - Earnings Call Transcript

Nov. 05, 2021 12:08 AM ETCloudflare, Inc. (NET) StockNET1 Comment
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Q3: 2021-11-04 Earnings Summary

EPS of $0.00 beats by $0.04
 | Revenue of $172.35M (50.97% Y/Y) beats by $6.70M

Cloudflare, Inc. (NYSE:NET) Q3 2021 Earnings Conference Call November 4, 2021 5:00 PM ET

Company Participants

Jayson Noland - Head of Investor Relations
Matthew Prince - Co-Founder & Chief Executive Officer
Thomas Seifert - Chief Financial Officer

Conference Call Participants

Matt Hedberg - RBC Capital Markets
Brent Thill - Jefferies
Jim Fish - Piper Sandler
Shaul Eyal - Cowen
Tim Horan - Oppenheimer
Jonathan Ruykhaver - Baird
Alex Henderson - Needham
Jim Breen - William Blair
Gregg Moskowitz - Mizuho

Operator

Good afternoon. My name is Julianne, and I will be your conference operator today. At this time, I would like to welcome everyone to Cloudflare's Q3 2021 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

Jayson Noland, Head of Investor Relations, the floor is yours.

Jayson Noland

Thank you for joining us to discuss Cloudflare's financial results for the third quarter 2021. With me on the call, we have Matthew Prince, Co-Founder and CEO; Michelle Zatlyn, Co-Founder, President and COO; and Thomas Seifert, CFO. By now, everyone should have access to our earnings announcement. This announcement as well as our supplemental financial information may be found on our Investor Relations website.

As a reminder, we'll be making forward-looking statements during today's discussion, including, but not limited to, our customers, vendors and partners operations and future financial performance; anticipated product launches and the timing and market potential of those products, the company's anticipated future revenue, financial performance, operating performance, non-GAAP gross margin, non-GAAP net loss from operations, non-GAAP net loss per share, shares outstanding, non-GAAP operating expenses, free cash flow, non-GAAP effective tax rate, dollar-based net retention rate, paying customers and large customers. These statements and other comments are not guarantees of future performance, but rather are subject to risks and uncertainties, some of which are beyond our control, including, but not limited

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