Cloudflare, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year of 2022
November 03, 2022 at 04:15 pm EDT
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Cloudflare, Inc. provided revenue guidance for the fourth quarter and full year of 2022. For the fourth quarter of fiscal 2022, they expect: Total revenue of $273.5 million to $274.5 million, operating income in the range of $12 million to $13 million, and net income per share of $0.04 to $0.05.
For the full year fiscal 2022, they expect: Total revenue of $974.0 million to $975.0 million, operating income in the range of $31 million to $32 million, and net income per share over that period in the range of $0.11 to $0.12.
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. 
