Cloudflare set to report strong fourth-quarter results as growth in cybersecurity and edge computing continues

cnbc.com February 4, 2025, 10:00 PM UTC

Cloudflare will report its fourth-quarter 2024 results on February 6, 2025. The company has seen significant growth, with revenue increasing sixfold since 2019, driven by its expansion into cybersecurity and edge computing services. The firm has established a strong partnership with Apple, potentially enhancing its revenue through Apple's new cloud system for AI processing. Cloudflare's unique global data center network positions it well in the competitive edge computing market, which is expected to grow rapidly. Cloudflare's leadership team, led by co-founders Matthew Prince and Michelle Zatlyn, has a strong track record. The company has maintained high growth rates and profitability, making it a notable investment opportunity for long-term investors.


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