Cloudflare Posts Upbeat Q3 Results, Joins Amazon, Roku, Coinbase, Atlassian And Other Big Stocks Moving Higher On Friday - Astera Labs (NASDAQ:ALAB), Arcosa (NYSE:ACA)
U.S. stocks were higher, with the Nasdaq Composite gaining around 1% on Friday.Shares of Cloudflare, Inc. (NYSE:NET) rose sharply during Friday's session after the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates. Also, the company raised its FY25 guidance above estimates.Cloudflare reported quarterly earnings of 27 cents per share, which beat the Street estimate of 23 cents. Quarterly revenue came in at $562.02 million, which beat the ...