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CLOUDFLARE, INC.

(NET)
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Cloudflare : to Speed Up Millions of Websites, Automatically and for Free

09/16/2021 | 09:08am EDT

New technology can help browsers make the Internet 30% faster

Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it's the first to implement server support at scale for Early Hints, a new Internet standard that can help speed up websites on its network by 30% or more for free. By working with prominent browsers, Cloudflare will save Internet users time and create faster, more seamless experiences for businesses and their users.

"Everyone should have access to the fastest, most reliable Internet possible and we have built our global network to deliver exactly that," said Matthew Prince, co-founder and CEO of Cloudflare. "Now we're taking it a step further and working together with leading browsers like Google Chrome to speed up millions of your favorite websites and applications, completely for free.”

Today when you visit a website, browsers cannot load it for you until they receive instructions from a server about all of the different elements, like images and text, that need to be displayed. Now Cloudflare is working directly with browsers to save an extra step, and time, for websites to load. Cloudflare will provide early hints to browsers to let them know to start loading critical webpage elements before the server even completes the processing time to load the page. This reduces the time between someone typing in a website URL and that website completing loading. What’s more, Cloudflare is able to do this, without requiring any additional action from the server, due to a combination of the scale and speed of its global network and its use of machine learning.

"Entrepreneurs know that first impressions matter. Shopify's own data shows that on average, when a store improves the speed of the first page in the buyer journey by 10%, there is a 7% increase in conversion," said Colin Bendell, Director Performance Engineering at Shopify. "We see great promise with Early Hints as another tool to help improve the performance and experience for all merchants and customers."

To learn more about Early Hints, please check out the resources below or sign up for the beta here.

About Cloudflare
Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Cloudflare’s suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was named to Entrepreneur Magazine’s Top Company Cultures 2018 list and ranked among the World’s Most Innovative Companies by Fast Company in 2019. Headquartered in San Francisco, CA, Cloudflare has offices in Austin, TX, Champaign, IL, New York, NY, San Jose, CA, Seattle, WA, Washington, D.C., Toronto, Lisbon, London, Munich, Paris, Beijing, Singapore, Sydney, and Tokyo.

© 2021 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.


ę Business Wire 2021
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Financials (USD)
Sales 2021 632 M - -
Net income 2021 -154 M - -
Net cash 2021 587 M - -
P/E ratio 2021 -359x
Yield 2021 -
Capitalization 57 912 M 57 912 M -
EV / Sales 2021 90,7x
EV / Sales 2022 67,7x
Nbr of Employees 2 050
Free-Float 77,5%
Chart CLOUDFLARE, INC.
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Technical analysis trends CLOUDFLARE, INC.
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 185,36 $
Average target price 136,27 $
Spread / Average Target -26,5%
EPS Revisions
Managers and Directors
Matthew Browning Prince Chairman & Chief Executive Officer
Michelle Marie Zatlyn President, Chief Operating Officer & Director
Thomas Josef Seifert Chief Financial Officer
John Graham-Cumming Chief Technology Officer
Rick Magarro Head-IT Operations Engineer
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