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Benzinga
Benzinga
Business
Triveni Kothapalli

Another Monster Quarter For Cloudflare, But Is the Stock Getting Too Pricey?

Konskie,,Poland,-,November,24,,2019:,Cloudflare,Inc,Logo,Displayed

Cloudflare Inc. (NYSE:NET) delivered another standout quarter marked by robust revenue growth and improving customer metrics, reinforcing its execution strength and momentum in enterprise adoption.

However, slowing remaining performance obligations and the sudden exit of a senior executive tempered enthusiasm, even as the company raised its near-term sales outlook, signaling confidence in sustaining demand amid a premium valuation backdrop.

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