Cloudflare shares plunge on lower-than-expected outlook amid economic uncertainty | allinfosecnews.com

April 27, 2023, 11:36 p.m. | Duncan Riley

Security – SiliconANGLE siliconangle.com

Shares in Cloudflare Inc. plunged nearly 25% in late trading after the content delivery network company issued a lower-than-expected outlook amid broader macroeconomic uncertainty in the economy. For its first quarter ended March 31, Cloudflare reported earnings before costs such as stock compensation of eight cents per share, up from a penny a share in the […]

The post Cloudflare shares plunge on lower-than-expected outlook amid economic uncertainty appeared first on SiliconANGLE.

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