☁️Cloudflare (#NET) Reports Q3 Loss, Tops Revenue Estimates ☁️
Cloudflare shares are trading sharply higher after the internet infrastructure provider posted better-than-expected third-quarter results.
For the quarter, Cloudflare (ticker: NET) reported revenue of $114.2 million, up 54%, and ahead of the Wall Street analyst consensus forecast of $103.2 million. The company had a non-GAAP loss in the quarter of 2 cents a share, a few pennies better than the Street consensus forecast for a loss of 5 cents a share.
Stock price surged 10% after market closed.
https://finance.yahoo.com/news/cloudflare-net-reports-q3-loss-000512328.html
Cloudflare shares are trading sharply higher after the internet infrastructure provider posted better-than-expected third-quarter results.
For the quarter, Cloudflare (ticker: NET) reported revenue of $114.2 million, up 54%, and ahead of the Wall Street analyst consensus forecast of $103.2 million. The company had a non-GAAP loss in the quarter of 2 cents a share, a few pennies better than the Street consensus forecast for a loss of 5 cents a share.
Stock price surged 10% after market closed.
https://finance.yahoo.com/news/cloudflare-net-reports-q3-loss-000512328.html
Yahoo
Cloudflare (NET) Reports Q3 Loss, Tops Revenue Estimates
Cloudflare (NET) delivered earnings and revenue surprises of 60.00% and 10.71%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Joe's 2021 First Half Portfolio Review 🎊
Overall Portfolio Return: 8% 🎉
Biggest winners 🔥
#SE
#NET
#GOOG
👉 Long term Buy & Hold
Biggest losers 😳
#BABA
#LMND
#PLTR
👉 Average trade price too HIGH
Top 3 portfolio allocation 👍
#TSLA
#PLTR
#AAPL
Top new positions:
#6862.HK (Haidilao)
#DDOG
#ZM
Top 3 items for better improvement:
- Portfolio Allocation
- Entry price monitoring
- Add-on positions for winners
Overall Portfolio Return: 8% 🎉
Biggest winners 🔥
#SE
#NET
#GOOG
👉 Long term Buy & Hold
Biggest losers 😳
#BABA
#LMND
#PLTR
👉 Average trade price too HIGH
Top 3 portfolio allocation 👍
#TSLA
#PLTR
#AAPL
Top new positions:
#6862.HK (Haidilao)
#DDOG
#ZM
Top 3 items for better improvement:
- Portfolio Allocation
- Entry price monitoring
- Add-on positions for winners
Investment Diary (By Joe Pong Wealth)
SO MANY SHOPPING OPPORTUNITY !!! OCTOBER IS COMING!
🙌🏻 #NET Hope you got on the ride!
2021 EOY PORTFOLIO REVIEW 🎁
.
TOP 3 Portfolio Gainers 🚀
#TSLA FOR THE WIN
Followed quickly by #NET & #AAPL
.
Tesla is disruptive not only in terms on accelerating the transition to renewable energy, but also a market leader in various promising area due to its technology disruptive power. Cloudfare is a SAAS play of the year on cybersecurity related field. Apple is always in my top conviction list, and I don’t think it requires too much explanation on it. Oh so pro.
.
TOP 3 Portfolio Gainers 🚀
#TSLA FOR THE WIN
Followed quickly by #NET & #AAPL
.
Tesla is disruptive not only in terms on accelerating the transition to renewable energy, but also a market leader in various promising area due to its technology disruptive power. Cloudfare is a SAAS play of the year on cybersecurity related field. Apple is always in my top conviction list, and I don’t think it requires too much explanation on it. Oh so pro.
In a well diversified portfolio, there will always be a few multipliers or overachieving performers that ensure you have a portfolio of positive gains over the long run.
.
In my case, #DDOG #GOOG #NET are my spiking factors. While SAAS company like DDOG and NET are valued at a higher price due to their potential gains in future, GOOGLE on the other hand is a no brainer company to own in your portfolio, and it clearly proves here about its ability to generate amazing profits still even after its mega size today.☝️
.
In my case, #DDOG #GOOG #NET are my spiking factors. While SAAS company like DDOG and NET are valued at a higher price due to their potential gains in future, GOOGLE on the other hand is a no brainer company to own in your portfolio, and it clearly proves here about its ability to generate amazing profits still even after its mega size today.☝️
Is #NET a good buy for growth? ☁️
.
In this post, I share my analysis of the company, with the methodology I use to evaluate its economic moats, financials and fair valuations.
.
(Annual revenue growth rate estimated to be 30% YoY)
.
Do you own any shares of this company in your portfolio?
.
This is not a financial advice.
.
#investing #stock #analysis #investment #investmentdiary #cloudfare
.
In this post, I share my analysis of the company, with the methodology I use to evaluate its economic moats, financials and fair valuations.
.
(Annual revenue growth rate estimated to be 30% YoY)
.
Do you own any shares of this company in your portfolio?
.
This is not a financial advice.
.
#investing #stock #analysis #investment #investmentdiary #cloudfare
2023 Q3 Portfolio Review
.
Top 3 positions = 50% portfolio value
#TSLA #PLTR #DBS
.
Top 10 positions = 80% portfolio value
#GOOG #AAPL #BABA #ABNB #CRWD #NET #ASML
.
Total of 90% of portfolio value in Tech (41%), Consumer Cyclical (36%), Financial (13%)
.
Country exposure:
US (85%) >> SG (11%) > HK (4%)
.
New positions added this Quarter:
#ASML #NEE #QQQ (not recorded)
.
Continue to add on positions in Q4
.
To add more portfolio investment weightage in healthcare and finance sectors
.
Top 3 positions = 50% portfolio value
#TSLA #PLTR #DBS
.
Top 10 positions = 80% portfolio value
#GOOG #AAPL #BABA #ABNB #CRWD #NET #ASML
.
Total of 90% of portfolio value in Tech (41%), Consumer Cyclical (36%), Financial (13%)
.
Country exposure:
US (85%) >> SG (11%) > HK (4%)
.
New positions added this Quarter:
#ASML #NEE #QQQ (not recorded)
.
Continue to add on positions in Q4
.
To add more portfolio investment weightage in healthcare and finance sectors