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Cloudflare's Earnings Soar, Stock Jumps After-Hours

1 min read
Source: Yahoo Finance
Cloudflare's Earnings Soar, Stock Jumps After-Hours
Photo: Yahoo Finance
TL;DR

Cloudflare's shares surge in after-hours trading after reporting strong fourth-quarter earnings and forecasting first-quarter revenue that beats expectations, while Expedia's shares decline as the company releases mixed fourth-quarter earnings and announces a CEO transition plan. Cloudflare's revenue for the quarter was $362.5 million, a 32% increase year-over-year, with full-year 2023 revenue at $1.3 billion, while Expedia reported its highest ever full-year and fourth quarter revenue, both growing 10%.

Topics:businessfinance#after-hours-trading#cloudflare#earnings#expedia#finance#revenue
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  1. Cloudflare soars and Expedia slips: After-hours movers  Yahoo Finance
  2. Cloudflare stock jumps 21% on earnings beat as the company wins larger deals  CNBC
  3. Cloudflare’s stock catapults higher as earnings beat captures ‘robust momentum’  MarketWatch
  4. Cloudflare issues better-than-expected profit guidance (NYSE:NET)  Seeking Alpha
  5. Cloudflare Earnings, Revenue Top Wall Street Targets. NET Stock Jumps.  Investor's Business Daily

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