金色财经
金色财经|Nov 05, 2026 21:55
[Cloudflare Raises Full-Year Profit Forecast, Shares Surge Nearly 20% in After-Hours Trading] According to Jinse Finance, on November 6th, Cloudflare raised its profit forecast for the third time this year, driven by the rapid proliferation of artificial intelligence and its continued boost to demand for network services. In a statement on Thursday, Cloudflare said it now expects adjusted earnings per share of $1.35 for the full year, up from its previous forecast of $1.25 to $1.26. The Wall Street average forecast was $1.27 per share. CEO Matthew Prince stated, "We accelerated our growth, achieving our fastest revenue growth in nearly four years, while expanding our profitability." As of Thursday's close, the stock had risen 24% this year, and at one point in after-hours trading, it had surged nearly 20%. Cloudflare's recent earnings report reflects its rapidly growing business across internet infrastructure, security, and development services. Cybersecurity stocks have generally performed strongly this year, although performance has varied by company and timeframe.
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