NYSE:NET - New York Stock Exchange, Inc. - US18915M1071 - Common Stock - Currency: USD
Shares of low code software development platform provider Appian (Nasdaq: APPN) jumped 21.1% in the afternoon session after the company reported strong fourth quarter results that beat analysts' revenue, EPS, and adjusted operating income expectations. Cloud subscription revenue, its key growth driver, increased 19% y/y, fueling a 15% rise in total sales. In addition, its full-year EPS and EBITDA guidance topped Wall Street's estimates. Margins improved significantly, with GAAP operating income
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Shares of low code software development platform provider Appian (Nasdaq: APPN) jumped 21.1% in the afternoon session after the company reported strong fourth quarter results that beat analysts' revenue, EPS, and adjusted operating income expectations. Cloud subscription revenue, its key growth driver, increased 19% y/y, fueling a 15% rise in total sales. In addition, its full-year EPS and EBITDA guidance topped Wall Street's estimates. Margins improved significantly, with GAAP operating income swinging to profitability compared to losses in the prior year. Looking ahead, full-year sales guidance came in line with expectations, while EBITDA and earnings exceeded consensus estimates. Overall, this was a solid quarter.
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Web content delivery and security company Akamai (NASDAQ:AKAM) will be announcing earnings results tomorrow after the bell. Here’s what to expect.
Fortinet and Cloudflare are well-positioned to capture industry-leading growth in a robustly growing industry, and analysts take note.
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Shares of internet security and content delivery network Cloudflare (NYSE:NET) jumped 5.7% in the morning session on continued positive momentum following its stellar Q4 2024 results, which exceeded Wall Street's expectations across the board and saw revenue growth accelerate. Also, it is likely that more investors are recognizing the advantages and productivity gains offered by its Workers platform, especially for AI-related workloads, given management's detailed discussion of the platform's un
Cloudflare's fourth-quarter earnings beat analyst estimates, and despite a conservative outlook for fiscal 2025, brokerages have updated their price targets higher.
Cloudflare (NET) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Shares of internet security and content delivery network Cloudflare (NYSE:NET) jumped 20.1% in the afternoon session after the company reported impressive fourth-quarter results, which exceeded analysts' billings expectations. Revenue also beat, with 28% year-on-year growth accelerating from 27% last quarter, something that the market tends to reward. The top line benefited from strong wins in the enterprise segment as the number of large customers kept pace with the sales growth while the large