04:45 PM EST, 11/07/2024 (MT Newswires) -- Cloudflare ( NET ) reported Q3 non-GAAP net income late Thursday of $0.20 per diluted share, up from $0.16 a year earlier.

Analysts polled by Capital IQ expected $0.18.

Revenue for the quarter ended Sept. 30 was $430.1 million, compared with $335.6 million a year earlier.

Analysts expected $424.1 million.

For Q4, the company is projecting non-GAAP EPS of $0.18 on revenue of $451 million to $452 million. Analysts are looking for $0.17 on revenue of $455.8 million.

For 2024, Cloudflare ( NET ) is guiding non-GAAP EPS of $0.74 on revenue between $1.661 billion and $1.662 billion.

Analysts are expecting $0.72 on revenue of $1.66 billion.

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