28.10 +0.02 (0.07%)
Pre-market: 8:00AM EDT
|Bid||28.05 x 1300|
|Ask||28.50 x 900|
|Day's range||27.51 - 29.00|
|52-week range||14.50 - 30.78|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||05 Aug 2020 - 08 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||24.12|
When it comes to investing in small up-and-coming businesses, picking just one or two usually won't suffice. For my latest batch of purchases in the wake of the coronavirus-fueled economic crisis, I scooped up shares of Livongo Health (NASDAQ: LVGO), Cloudflare (NYSE: NET), Fastly (NYSE: FSLY), Repay Holdings (NASDAQ: RPAY), and VectoIQ Acquisition (NASDAQ: VTIQ) (set to become Nikola). A few years ago, I purchased a tiny but up-and-coming stock called Teladoc Health, thinking that medical care delivered via an internet connection had a bright future.
Cloudflare, Inc. ("Cloudflare") (NYSE: NET) today announced the pricing of $500 million aggregate principal amount of Convertible Senior Notes due 2025 (the "notes") in a private offering (the "offering") to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the "Securities Act"). Cloudflare also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $75 million aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to settle on May 15, 2020, subject to customary closing conditions, and is expected to result in approximately $488.2 million in net proceeds to Cloudflare after deducting the initial purchasers’ discount and estimated offering expenses payable by Cloudflare (assuming no exercise of the initial purchasers’ option to purchase additional notes).
Cloudflare, Inc. ("Cloudflare") (NYSE: NET) today announced its intention to offer, subject to market conditions and other factors, $500 million aggregate principal amount of Convertible Senior Notes due 2025 (the "notes") in a private offering (the "offering") to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the "Securities Act"). Cloudflare also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $75 million aggregate principal amount of the notes.
To be sure, some bumps in the road could lie ahead for Cloudflare, but this disruptive computing outfit is in great financial shape and poised for years of growth once the dust begins to settle. In keeping with its near-50% year-over-year growth in 2019, Cloudflare started 2020 in similar fashion. The cloud security and web service outfit added 250,000 more individuals and small businesses to its funnel in the quarter (finishing the first quarter with 2.8 million total) and landed numerous new deals worth at least $100,000 per year.
SAN FRANCISCO (AP) _ Cloudflare, Inc. (NET) on Thursday reported a loss of $32.7 million in its first quarter. On a per-share basis, the San Francisco-based company said it had a loss of 11 cents. For the current quarter ending in July, Cloudflare expects its results to range from a loss of 6 cents per share to a loss of 5 cents per share.
Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced financial results for its first quarter ended March 31, 2020.
The cloud-based network security specialist should benefit from COVID-19 lockdowns and work-from-home practices, based on fantastic reports from several of its sector peers.
Cloudflare's (NET) first-quarter results are likely to reflect its recurring subscription-based business model and a diversified customer base despite the coronavirus chaos.
JD.com (NASDAQ: JD), China's largest direct retailer and second-largest e-commerce company, recently partnered with Cloudflare (NYSE: NET) to strengthen its cloud and AI business. Cloudflare, which secures internet traffic between clients and servers, entered the Chinese market in 2015 and currently operates in over 90 countries and 200 cities worldwide. It runs data centers in 17 Chinese cities and maintains a long-standing partnership with online search leader Baidu (NASDAQ: BIDU).
Cloudflare (NYSE: NET), the company with a mission to help build a better Internet, and JD Cloud & AI, the intelligent technology provider of JD.com, China’s largest retailer, today announced a strategic partnership to provide a faster and more secure Internet for global companies doing business in China, and for Chinese businesses reaching consumers globally. This collaboration joins Cloudflare’s integrated global cloud platform with JD Cloud & AI’s extensive China network, infrastructure, and services—offering a seamless experience for businesses looking to reach global audiences.
Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced that it will report its financial results for the first quarter ended March 31, 2020 after the U.S. market closes on Thursday, May 7, 2020.
Internet security company Cloudflare has pledged to double its Summer 2020 internship class, and make the entire program remote if necessary, in response to cancellations of internships programs across the country due to COVID-19. Yelp, Funding Circle, StubHub and other companies have terminated their internship programs and hiring, citing the uncertainty of COVID-19’s impact on the economy and health. Cancellations show the virus’s impact on not just our current workforce, but our future one, too.
Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced that it has expanded the Bandwidth Alliance by partnering with Alibaba Cloud, the data intelligence backbone of Alibaba Group.
Cloudflare CEO Matthew Prince joins Yahoo Finance live from the 2020 World Economic Forum in Davos.
A major U.S. web infrastructure and security company will provide free support to federal election campaigns to help thwart any repeats of the 2016 effort by Russian agents to steal and leak sensitive campaign emails and documents. San Francisco-based Cloudflare said Wednesday it will be providing to eligible campaigns free access to several of its security services, including enhanced protection of firewalls, which defend systems and networks from unauthorized access. The effort is being offered in conjunction with Defending Digital Campaigns, a nonprofit group that last year received approval from the Federal Elections Commission to provide free or discounted cybersecurity services to federal candidate committees and national party committees.
Network security giant Cloudflare said it will provide its security tools and services to U.S. political campaigns for free, as part of its efforts to secure upcoming elections against cyberattacks and election interference. The company said its new Cloudflare for Campaigns offering will include distributed denial-of-service attack mitigation, load balancing for campaign websites, a website firewall and anti-bot protections. Cloudflare's co-founder and chief executive Matthew Prince said there was a "clear need" to help campaigns secure not only their public-facing websites but also their internal data security.