Cloudflare Inc. shares rallied in the extended session Thursday, after the cybersecurity company’s earnings and outlook topped Wall Street expectations.
Cloudflare NET shares surged as much as 6% in after-hours trading, following a 1.5% gain to close the regular session at $65.04. “We believe we’re uniquely positioned to become a leader in AI inferencing and have a lot more in store across the entire AI lifecycle to help enable companies to build the future,” said Matthew Prince, Cloudflare’s co-founder and chief executive, in a statement.
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