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Cloudflare (NET) Stock Drops 12% After Beating Earnings — Here’s Why
By Trader Edge at 2026-05-08 04:36
Sentiment: Negative
TLDR Cloudflare Q1 2026 revenue hit $639.8 million, up 33.5% year-over-year, beating estimates by 3% Adjusted EPS of $0.25 came in 7% above analyst expectations Large customer count grew 25% to 4,416 accounts, now making up 72% of total revenue Stock dropped 12% to $223.96 after earnings, despite the beat, before recovering 3.3% in aftermarket [...] The post Cloudflare (NET) Stock Drops 12% After Beating Earnings — Here’s Why appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central