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Cloudflare | 8-K: Cloudflare Announces Second Quarter 2024 Financial Results

Cloudflare | 8-K: Cloudflare Announces Second Quarter 2024 Financial Results

Cloudflare | 8-K:Cloudflare 公布 2024 年第二季度财务业绩
美股SEC公告 ·  2024/08/02 04:22

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Cloudflare reported strong Q2 2024 financial results with revenue reaching $401.0 million, up 30% YoY. The company achieved non-GAAP operating income of $57.0 million with a 14.2% margin, significantly improving from 6.6% in Q2 2023. GAAP net loss narrowed to $15.1 million from $94.5 million last year.Operating cash flow was $74.8 million or 19% of revenue, while free cash flow reached $38.3 million representing 10% of revenue. The company maintained a strong balance sheet with $1.76 billion in cash and available-for-sale securities as of June 30, 2024.Looking ahead, Cloudflare provided Q3 guidance with expected revenue of $423-424 million and full-year 2024 revenue forecast of $1.66-1.66 billion. The company projects non-GAAP operating income of $50-51 million for Q3 and $196-198 million for full-year 2024.
Cloudflare reported strong Q2 2024 financial results with revenue reaching $401.0 million, up 30% YoY. The company achieved non-GAAP operating income of $57.0 million with a 14.2% margin, significantly improving from 6.6% in Q2 2023. GAAP net loss narrowed to $15.1 million from $94.5 million last year.Operating cash flow was $74.8 million or 19% of revenue, while free cash flow reached $38.3 million representing 10% of revenue. The company maintained a strong balance sheet with $1.76 billion in cash and available-for-sale securities as of June 30, 2024.Looking ahead, Cloudflare provided Q3 guidance with expected revenue of $423-424 million and full-year 2024 revenue forecast of $1.66-1.66 billion. The company projects non-GAAP operating income of $50-51 million for Q3 and $196-198 million for full-year 2024.
Cloudflare报告了强劲的2024年第二季度财务业绩,营业收入达到40100万,同比上涨30%。该公司实现了5700万的非GAAP经营收入,利润率为14.2%,显著改善于2023年第二季度的6.6%。GAAP净亏损从去年的9450万缩窄至1510万。经营现金流为7480万,占营业收入的19%,而自由现金流达到3830万,占营业收入的10%。截至2024年6月30日,该公司的资产负债表保持强劲,现金及可供出售证券总额为17.6亿。展望未来,Cloudflare提供了第三季度的指导,预计营业收入为42300-42400万,2024年全年的营业收入预测为16.6-16.6亿。公司预计第三季度的非GAAP经营收入为5000-5100万,2024年全年的非GAAP经营收入为19600-19800万。
Cloudflare报告了强劲的2024年第二季度财务业绩,营业收入达到40100万,同比上涨30%。该公司实现了5700万的非GAAP经营收入,利润率为14.2%,显著改善于2023年第二季度的6.6%。GAAP净亏损从去年的9450万缩窄至1510万。经营现金流为7480万,占营业收入的19%,而自由现金流达到3830万,占营业收入的10%。截至2024年6月30日,该公司的资产负债表保持强劲,现金及可供出售证券总额为17.6亿。展望未来,Cloudflare提供了第三季度的指导,预计营业收入为42300-42400万,2024年全年的营业收入预测为16.6-16.6亿。公司预计第三季度的非GAAP经营收入为5000-5100万,2024年全年的非GAAP经营收入为19600-19800万。
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