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The Zhitong Finance App learned that this year's profit forecast released by cybersecurity company Cloudflare (NET.US) exceeds Wall Street estimates, which indicates that demand for network services continues to accelerate in the context of the rapid spread of artificial intelligence. According to financial reports, the company's second-quarter revenue reached $696.1 million, up 35.9% year over year, exceeding expectations of $29.75 million; adjusted earnings per share were $0.29, exceeding expectations of $0.02.
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The Zhitong Finance App learned that this year's profit forecast released by cybersecurity company Cloudflare (NET.US) exceeds Wall Street estimates, which indicates that demand for network services continues to accelerate in the context of the rapid spread of artificial intelligence. According to financial reports, the company's second-quarter revenue reached $696.1 million, up 35.9% year over year, exceeding expectations of $29.75 million; adjusted earnings per share were $0.29, exceeding expectations of $0.02.
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