On November 6, Cloudflare, Inc. rose 14.88% in Regular Trading, trading at $267.0716 per share, with turnover of $365 million.

The move was accompanied by a strong earnings-driven catalyst: the company reported third-quarter results above Wall Street expectations, issued fourth-quarter guidance well ahead of consensus, and raised its full-year outlook.

Quarterly adjusted EPS came in at $0.38 versus the $0.34 consensus, while revenue reached $782.5 million, up 39% year over year and above expectations near $737 million to $739 million. For the fourth quarter, Cloudflare, Inc. guided revenue to $845 million to $846 million and adjusted EPS to $0.43, both ahead of market forecasts. The company also lifted full-year adjusted EPS guidance to $1.35 and revenue guidance to about $2.963 billion to $2.964 billion, reinforcing expectations for continued operating leverage.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)