Cloudflare stock surged 8.5% in premarket trading

Tiger Newspress2021-11-05

Cloudflare stock surged 8.5% in premarket trading after its quarterly results beat estimate.

Cloudflare reported quarterly sales of $172.35 million which beat the analyst consensus estimate of $165.65 million by 4.04 percent. This is a 50.97 percent increase over sales of $114.16 million the same period last year.

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