Software Stack Investing

Cloudflare (NET) Q2 2023 Earnings Review

October 09, 2023 Software Stack Investing Season 2 Episode 20
Cloudflare (NET) Q2 2023 Earnings Review
Software Stack Investing
More Info
Software Stack Investing
Cloudflare (NET) Q2 2023 Earnings Review
Oct 09, 2023 Season 2 Episode 20
Software Stack Investing

Following a disappointing Q1 earnings report highlighted by challenges in the go-to-market effort, Cloudflare demonstrated renewed momentum in Q2. The sales reorganization is progressing well. Large enterprises expanded spend, adding to multi-product subscriptions across several categories. In parallel, profitability measures continue to improve with growing operating margin and cash flow.

Show Notes

Following a disappointing Q1 earnings report highlighted by challenges in the go-to-market effort, Cloudflare demonstrated renewed momentum in Q2. The sales reorganization is progressing well. Large enterprises expanded spend, adding to multi-product subscriptions across several categories. In parallel, profitability measures continue to improve with growing operating margin and cash flow.