Small-cap San Francisco-based Cloudflare makes software for firewall, routing, traffic optimization and other network services. The company incorporates artificial intelligence into its software.
CEO Matthew Prince said in the company's Nov. 2 third quarter earnings report, "In our third quarter, we relentlessly innovated and accelerated our efforts in AI, announcing the most complete platform to deploy fast, secure, compliant AI inference at scale," with its Workers AI platform. He also noted several partnerships and collaborations in Q3 "with the who's who of AI."
Over the past four quarters its earnings grew 500%, 700%, 900% and then a smaller but still outstanding 167% last quarter, to 16 cents per share. Its sales growth has also been strong. Sales in that period grew 42%, 37%, 32% and 32% again last quarter to $335.6 million.
NET everything but a PE
Cloudflare, Inc. (NET)
NYSE - Nasdaq Real Time Price.
73.01+0.32(+0.44%)
As of 12:53PM EST.