Cloudflare IPO 9/12

Sharing is Caring!

by Tikola_Nesla1

“In 2018, Cloudflare reported a loss of $86.1 million on revenue of $192.7 million, compared with a $10.7 million loss on revenue of $134.9 million in 2017. So while revenue grew 43%, expenses skyrocketed 711%. That appears to have been due to a big jump in general and administrative expenses, which jumped to $85.2 million in 2018, from $20.3 million in 2017.”

Anyone have any more insight into this company? Sounds like there are several other companies out there similar but have been closely watching IPOs.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.