Cloudflare's stock drops after earnings as forecast comes up a bit shy

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Cybersecurity stocks under pressure in Thursday’s late trading

Cloudflare Inc. shares were declining 6% in Thursday’s extended session after the cybersecurity company beat revenue expectations for its latest quarter but came up a bit shy with its top-line view of the ongoing quarter.

Revenue increased to $335.6 million from $253.9 million, whereas analysts were calling for $330.5 million. See also: CrowdStrike’s and Zscaler’s stocks are top plays in rocky cybersecurity market, analyst says

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker