Cloudflare, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022 at 04:15 pm EDT
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Cloudflare, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 234.52 million compared to USD 152.43 million a year ago. Net loss was USD 63.54 million compared to USD 35.51 million a year ago. Basic loss per share from continuing operations was USD 0.2 compared to USD 0.12 a year ago.
For the six months, sales was USD 446.68 million compared to USD 290.48 million a year ago. Net loss was USD 104.92 million compared to USD 75.47 million a year ago. Basic loss per share from continuing operations was USD 0.32 compared to USD 0.25 a year ago.
Cloudflare, Inc. is a connectivity cloud company. The Company is a global cloud services provider that delivers a range of services to businesses of all sizes and in all geographies. Its network serves as a scalable, unified control plane to deliver security, performance, and reliability across on-premise, hybrid, cloud, and software-as-a-service applications. Its integrated suite of products consists of solutions for an organization's external-facing infrastructure, such as Websites, applications, and application programming interfaces to deliver security and reliability; solutions to serve an organization's internal resources, such as internal networks and devices; developer-based solutions, and consumer offerings. Its security products include Web Application Firewall, Bot Management, SSL/TLS Encryption, and Secure Origin Connection. Its performance products include Content Delivery, Intelligent Routing, Content Optimization, and Others. It is also focused on multicloud networking.
CLOUDFLARE, INC. 
