Cloudflare beats Q1, but 20% AI-driven layoffs and weak guidance send shares down
Shares in Cloudflare Inc. were down more than 16% in late trading today after the content delivery network and security company beat fiscal 2026 first-quarter estimates but issued second-quarter revenue guidance that fell short of expectations and announced p…
Shares in Cloudflare Inc. were down more than 16% in late trading today after the content delivery network and security company beat fiscal 2026 first-quarter estimates but issued second-quarter reve… [+4215 chars]