These Analysts Revise Their Forecasts On Cloudflare Following Q1 Results
1. Cloudflare's Q1 revenue exceeded estimates at $479.09 million. 2. Adjusted EPS fell short at 16 cents, below the 17 cents estimate. 3. The company secured a landmark $100 million contract this quarter. 4. Q2 revenue guidance is slightly above estimates, between $500-501 million. 5. Analysts have mixed ratings; one raised the price target, while another lowered it.