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Benzinga
Benzinga
Business
Henry Khederian

Why CloudFlare Shares Are Rising

Cloudflare

Cloudflare Inc (NYSE:NET) shares are trading higher after the company reported better-than-expected fourth-quarter sales results and issued first-quarter and FY22 EPS and sales guidance above estimates.

Cloudflare reported quarterly sales of $193.60 million which beat the analyst consensus estimate of $184.90 million by 5%. 

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