Cloudflare, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
August 05, 2021 at 04:15 pm EDT
Share
Cloudflare, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company reported revenue was $152,428,000 against $99,721,000 a year ago. Loss from operations was $28,872,000 against $24,704,000 a year ago. Net loss was $35,510,000 or $0.12 per basic and diluted share against $26,135,000 or $0.09 per basic and diluted share a year ago.
For the six months, the company reported revenue was $290,483,000 against $190,971,000 a year ago. Loss from operations was $60,126,000 against $60,775,000 a year ago. Net loss was $75,473,000 or $0.25 per basic and diluted share against $58,881,000 or $0.20 per basic and diluted share 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.