Shares of Cloudflare (NYSE: NET) charged sharply higher Friday, surging by as much as 28.4%. As of 1:01 p.m. ET, the stock was up 21.1%.
The catalyst that sent the edge computing specialist soaring was a remarkably strong fourth-quarter report.
For the quarter, Cloudflare's revenue grew 32% year over year to $362.5 million, resulting in adjusted earnings per share (EPS) of…
This story from finance.yahoo.com was posted on 2024-02-10 by @sunsetglow.