Cloudflare Q3 Earnings: Time To Shine?

Oct. 30, 2022 9:30 AM ETCloudflare, Inc. (NET) StockNET29 Comments
Jamie Galvin
2.1K Followers

Summary

  • Cloudflare is a leading cloud-native CDN and cybersecurity company.
  • It's been a tough year for shareholders, with NET stock down 70% in the last 12 months.
  • Despite this, the company has continued to beat Wall Street’s expectations whilst accelerating revenue growth over the past 3 years.
  • Q3 earnings season has been difficult for technology companies so far, but this also gives Cloudflare an opportunity to prove its quality.
  • So, what should investors be watching when Cloudflare reports on November 3rd?

CDN - Content Delivery Network - 3D Illustration

ArtemisDiana/iStock via Getty Images

Investment Thesis

Cloudflare (NYSE:NET) is a founder-led, industry-leading, cloud-native CDN (content distribution network) and cybersecurity company, with a mission "to help build a better internet". The company offers an efficient, scalable, global network that customers can simply 'plug into' in order to improve both their

This article was written by

2.1K Followers
I'm Jamie, one half of the financial education platform Stocks and Savings. We are two finance professionals based in the UK with a passion for helping others to learn about investing & personal finance. Follow our Instagram @stocksandsavings for daily investing content!

Analyst’s Disclosure:I/we have a beneficial long position in the shares of NET, AMZN, CRWD, ZS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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