Cloudflare, Inc. [NET] posts $193.38M loss as revenue rises 48.57% to $975.24M
By USInMinutes
Published - Feb 28, 2023, 12:45 AM ET
Last Updated - Mar 06, 2023, 02:47 PM EST
Net Sales: | $975.24M |
Cloudflare, Inc. [NET] posted a loss of $193.38M, marking a rise of 25.71% for this year.
Revenue rose to $975.24M this year compared to $656.43M in the previous year.
According to the latest annual report the company has filed with the SEC, current earnings were $-193.38M, up 25.71% from $-260.31M.
The company’s net sales for the period were $975.24M, up 48.57%. Net sales in the previous year were $656.43M.