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Cloudflare Lifts Annual Profit Outlook, Beats Wall Street Target

Bloomberg Technology Thursday 06 August 2026, 20:29 UTC By Ignacio Gonzalez 1 min read
Key Points

Cloudflare Lifts Annual Profit Outlook, Beats Wall Street Target Cloudflare Inc. gave a forecast for profit this year that topped Wall Street’s estimates, suggesting that demand for networking services continued to accelerate amid rapid adoption of artificial intelligence. The cybersecurity company now expects adjusted profit of $1.25 to $1.26 a share for the year, up from a previous forecast of $1.19 to $1.20 a share, it said in a statement on Thursday. Analysts had projected $1.20 a share...

Cloudflare Lifts Annual Profit Outlook, Beats Wall Street Target Cloudflare Inc. gave a forecast for profit this year that topped Wall Street’s estimates, suggesting that demand for networking services continued to accelerate amid rapid adoption of artificial intelligence. The cybersecurity company now expects adjusted profit of $1.25 to $1.26 a share for the year, up from a previous forecast of $1.19 to $1.20 a share, it said in a statement on Thursday. Analysts had projected $1.20 a share on average.
Cloudflare Lifts Annual Profit Outlook (ORG)
Originally published by Bloomberg Technology Read original →

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