On November 7, 2024, Cloudflare, Inc. reported its financial results for the third quarter ending September 30, 2024. The company announced a 28% year-over-year increase in revenue, totaling $430.1 million. Despite a GAAP loss from operations of $30.8 million, Cloudflare achieved a non-GAAP income from operations of $63.5 million. The company also reported an operating cash flow of $104.7 million and a free cash flow of $45.3 million. Cloudflare's CEO, Matthew Prince, expressed satisfaction with the quarter's performance, highlighting the addition of 219 large customers and noting that 35% of the Fortune 500 are now Cloudflare customers. Prince also mentioned Cloudflare's role in protecting the integrity of the 2024 U.S. election. Looking ahead, Cloudflare provided a financial outlook for Q4 2024, expecting total revenue between $451.0 to $452.0 million and non-GAAP income from operations of $57.0 to $58.0 million. The company also anticipates a non-GAAP net income per share of $0.18. Cloudflare's investor conference call to discuss these results was scheduled for the same day at 2:00 p.m. Pacific time.

On November 7, 2024, Cloudflare, Inc. reported its financial results for the third quarter ending September 30, 2024. The company announced a 28% year-over-year increase in revenue, totaling $430.1 million. Despite a GAAP loss from operations of $30.8 million, Cloudflare achieved a non-GAAP income from operations of $63.5 million. The company also reported an operating cash flow of $104.7 million and a free cash flow of $45.3 million. Cloudflare's CEO, Matthew Prince, expressed satisfaction with the quarter's performance, highlighting the addition of 219 large customers and noting that 35% of the Fortune 500 are now Cloudflare customers. Prince also mentioned Cloudflare's role in protecting the integrity of the 2024 U.S. election. Looking ahead, Cloudflare provided a financial outlook for Q4 2024, expecting total revenue between $451.0 to $452.0 million and non-GAAP income from operations of $57.0 to $58.0 million. The company also anticipates a non-GAAP net income per share of $0.18. Cloudflare's investor conference call to discuss these results was scheduled for the same day at 2:00 p.m. Pacific time.