Cloudflare (NET) Shares Rose 6% on Q4 Results and Better Than Expected Guidance
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Cloudflare Announces Fourth Quarter and Fiscal Year 2021 Financial Results
February 10, 2022 4:15 PM ESTFourth quarter revenue totaled $193.6 million, representing an increase of 54% year-over-year; fiscal year 2021 revenue totaled $656.4 million, representing an increase of 52% year-over-year Record dollar-based net retention of 125%, representing an increase of 600 basis points year-over-year, driven by continued strength from large enterprise customers Achieved record operating cash flow and positive free cash flow for the fourth quarter; operating cash flow was $40.6 million, or 21% of total revenue, and free cash flow was $8.6Â million, or 4% of total revenue
SAN FRANCISCO--(BUSINESS WIRE)-- Cloudflare, Inc. (NYSE: NET), the security,... More
