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Cloudflare Inc - NET STOCK NEWS

Welcome to our dedicated page for Cloudflare news (Ticker: NET), a resource for investors and traders seeking the latest updates and insights on Cloudflare stock.

Cloudflare Inc. (NET) provides a global cloud platform delivering security, performance, and reliability solutions for web properties. Track the latest company developments through this centralized hub featuring official announcements and market analysis.

This resource offers investors and technology professionals timely access to Cloudflare's strategic moves, including product innovations, cybersecurity initiatives, and infrastructure expansions. Find curated updates on network enhancements, partnership agreements, and leadership changes impacting the web services sector.

Key coverage areas include quarterly earnings disclosures, security threat responses, content delivery network upgrades, and edge computing advancements. All content is sourced from verified corporate communications and reputable financial analysis.

Bookmark this page for streamlined monitoring of Cloudflare's evolving market position and technological leadership in internet infrastructure solutions. Check back regularly for authoritative reporting on NET's progress in securing and accelerating digital experiences worldwide.

Rhea-AI Summary
Cloudflare, Inc. (NET) introduces Firewall for AI to protect organizations from attacks on Large Language Models (LLMs). The new security layer aims to prevent tampering and abuse of AI applications, addressing the rising concerns of AI risks among C-suite executives. Cloudflare's global network powers the Firewall for AI, offering rapid threat detection, automatic blocking of threats, and free default security for LLMs running on Cloudflare's Workers AI.
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Cloudflare, Inc. (NET) introduces Defensive AI to protect organizations from AI-enhanced attacks, phishing scams, and malicious code. The personalized approach offers tailored mitigations based on unique traffic patterns, enabling protection of critical applications and networks. Cloudflare's AI models analyze customer traffic patterns to provide a tailored defense strategy. Features include API Anomaly Detection to protect web APIs, Cloud Email Security to combat phishing attacks, and Cloudflare Gateway for insider threat mitigation.
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Cloudflare, Inc. (NYSE: NET) appoints Mark Anderson as President of Revenue to accelerate growth, aiming for $5 billion in annual recurring revenue. Anderson brings 25+ years of experience in scaling revenue at enterprise technology companies, such as Alteryx and Palo Alto Networks.
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Cloudflare, Inc. (NET) reported strong financial results for Q4 and fiscal year 2023, with total revenue of $362.5 million and $1,296.7 million, representing a 32% and 33% year-over-year increase respectively. The company achieved record operating and free cash flow, with notable growth in large customers and the public sector. However, GAAP loss from operations was $42.8 million for Q4, and $185.5 million for the fiscal year, indicating a negative aspect of the report.
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Cloudflare, Inc. (NYSE: NET) will report its Q4 2023 financial results on February 08, 2024, after the U.S. market closes. An investor conference call will be held at 2:00 p.m. Pacific time to discuss the results. Interested parties can access the call by dialing (877) 400-4517 or (332) 251-2620 internationally with conference ID 3723782. A live webcast will be available on cloudflare.NET, with a replay available for approximately 30 days.
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Cloudflare, Inc. (NET) published its inaugural API Security and Management Report, revealing that APIs account for the majority of Internet traffic and remain largely unsecured. The report highlights the gap between organizations' use of APIs and their ability to safeguard the data, emphasizing the potential threats posed by unmanaged or unsecured APIs. Key findings include high spikes of API traffic in unlikely industries, APIs dominating global Internet traffic, and an increase in attack volume due to the rise in popularity of APIs.
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Cloudflare, Inc. (NYSE: NET) published its third annual Impact Report, highlighting key milestones in protecting vulnerable groups online, securing US K-12 school districts, encouraging responsible AI development, and reducing carbon emissions. The report details how the company protected 2,400 vulnerable Internet properties from an average of 67.7 million cyber threats per day, shielded K-12 school districts from sophisticated online attacks for free, democratized access to responsible AI, and helped companies reduce their IT infrastructure's carbon footprint by up to 96%.
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Cloudflare, Inc. (NET) published its fourth annual Year in Review, revealing a 25% increase in global Internet traffic in 2023. The report explores insights on the most popular Internet services, social media platforms, and Generative AI sites. Google, Facebook, and OpenAI secured top positions. Threat actors targeted financial organizations, leveraging deceptive links and extortion attempts as the most common cyberthreats. The report also highlighted over 180 Internet outages in 2023, with a focus on the company's role in maintaining online resilience and security.
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Cloudflare, Inc. (NYSE: NET) has been named a Fortune Future 50 company for 2023, ranked number six of the top fifty companies. This recognition comes after an examination of more than 1,700 publicly traded companies globally, based on their long-term growth prospects. Cloudflare has shown remarkable financial, customer, and technology momentum, increasing its large customer base by 34% year-over-year and playing a crucial role in discovering the online threat that led to the largest cyber attack in Internet history.
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Cloudflare, Inc. (NET) was recognized as a Leader in The Forrester Wave™: Edge Development Platforms, Q4 2023, receiving the highest scores in 24 criteria, including pricing flexibility and transparency. Cloudflare's global network and developer platform provide the fastest route to innovation and a frictionless developer experience. The company's recent launch of solutions to build and deploy AI-powered apps positions its platform to power the next generation of AI applications. More than one million developers are building applications on Cloudflare, deploying serverless code instantly across the globe with exceptional performance, reliability, and scale.
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Cloudflare Inc

NYSE:NET

NET Rankings

NET Stock Data

37.23B
307.49M
0.75%
88.19%
2.11%
Software - Infrastructure
Services-prepackaged Software
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United States
SAN FRANCISCO