Business Cloudflare sinks 22% on 'insufficient' Q3 performance despite earnings beat - LMAO "In 2022, we received negative publicity in connection with the use of our network by Kiwi Farms... and we are aware of potential customers who decided not to subscribe to our products because of this."

• Cloudflare (NYSE:NET) shares plunged -22% Friday even as the cloud-based security company exceeded Wall Street estimates with its third quarter results and raised full year forecast.
• In Q3, the company generated adj. EPS of $0.06 on revenue of $253.9M that grew 47% year-over-year, surpassing $1B in annualized revenue.
• Analysts suggested the financial performance was not strong enough to justify the stock’s high valuation, which could explain the investor rout. Citi said the results had “insufficient oomph for this multiple, in this tape” and were “disappointingly in line,” while Morgan Stanley noted revenue growth was below 50% and fell short of investor expectations, even with macro pressures.
• Still, RBC Capital Markets suggested Cloudflare (NET) is navigating macro headwinds well and is “likely more resilient than most”.
• Cloudflare expects 2022 sales to be between $974M to $975M, up from a prior outlook of $968M and $972M. Analysts currently expect the company to generate $974.67M in sales. Fourth quarter sales are estimated to be between $273.5M to $274.5M, compared to estimates of $274.17M.

https://seekingalpha.com/news/39019...fficient-q3-performance-despite-earnings-beat (Archive)

Activities of our paying and free customers or the content of their websites or other Internet properties, as well as our response to those activities, could cause us to experience significant adverse political, business, and reputational consequences with customers, employees, suppliers, government entities, and others.

Activities of our paying and free customers or the content of their websites and other Internet properties could cause us to experience significant adverse political, business, and reputational consequences with customers, employees, suppliers, government entities, and other third parties. [...] In 2022, we received negative publicity in connection with the use of our network by Kiwi Farms, a forum website tied to harassment campaigns and direct threats toward individuals. We are aware of some potential customers that have indicated their decision to not subscribe to our products was impacted, at least in part, by the actions or potential actions of certain of our paying and free customers. We may also experience other adverse political, business and reputational consequences with prospective and current customers, employees, suppliers, and others related to the activities of our paying and free customers, especially if such hostile, offensive, or inappropriate use is highly publicized.

Conversely, actions we take in response to the activities of our paying and free customers, up to and including banning them from using our products, may harm our brand and reputation. [...] following escalating, direct threats towards individuals in September 2022, we blocked access to Kiwi Farms content through our infrastructure. We received significant adverse feedback for these decisions from those concerned about our ability to pass judgment on our customers and the users of our network and products, or to censor them by limiting their access to our products, and we are aware of potential customers who decided not to subscribe to our products because of this.

Page 66: https://cloudflare.net/files/doc_financials/2022/q3/dd287e1e-06fc-4ab3-9f0b-8d87a6c40692.pdf (Archive)

 

[DaBigBopper]

That is not entirely true, Blackrock has alot of Pension fund money as their slush funds, eventually those have to pay out, and The Federal Reserve printing money only makes Blackrock's money less valuable. That is why I don't think the WEF will take over the world, they can't actually create or build anything of value.

We are going to have a horrific economic downturn because we listened to these Faggots, but I don't think their Saturday Morning Villain take over the plans are viable long term.

That entire sentence made my antisemtic senses tingle. Mostly because "they make create nothing of value and build nothing." I honestly hope Kanye being thrown in the Shadow Realm once again awakens the Spirit of Andrew Jackson.

 

[Nod Flenders]

They fought the Farms and the Farms won. They fought the Farms and the Farms won.

 

[NoReturn]

>tfw you're literally more hardcore cyberfugitiveof the hyperonlines than Al-Qaeda
View attachment 3810216

To be fair, is the content below not, perhaps, more Islamic than Al Qaeda?

 

[Honka Honka Burning Love]

That entire sentence made my antisemtic senses tingle. Mostly because "they make create nothing of value and build nothing." I honestly hope Kanye being thrown in the Shadow Realm once again awakens the Spirit of Andrew Jackson.

It shouldn't the WEF and Blackrock are probably actual Nazis.

Klaus Shwabb grew up in Nazi Germany and was of the age that the propaganda probably did it's job.

 

[KiwiFuzz]

Now I want a picture of Jersh shooped to look like a hardline mullah.

 

[Shamino]

Go figure, some major company's head will read Matt's "but but... guys theyre fedposting revolting content and emergency of danger of threat of doomsday of humanity life..", then immediately browse kiwifarms and see this site is still kicking on clearnet.
Yep, definitely will likely do business with a company that can arbitrarily decide to shutdown their protections because of some tranny slander.

 

[Burned CDs]

Poetry in motion.

 

[DaBigBopper]

It shouldn't the WEF and Blackrock are probably actual Nazis.

Klaus Shwabb grew up in Nazi Germany and was of the age that the propaganda probably did it's job.

Eh, Nazism has it's roots in Socialist movements that were highly nationalistic, by design rather than became nationalistic like the Soviets. Blackrock and the WEF at their heart have the communist "We need to make a New World Order and becomes the masters of it to enact our will, so now every action towards that is now justified.

 

[Xarpho's Return]

It's never about the troonbux, not even at a place like Cloudflare where they probably do have a lot of troony network admins in their customer base.
What it is about, only real insiders probably know, and they're not talking. Matthew Prince was obviously forced to make a sudden U-turn for some reason, and it surely wasn't because of Cloudflare's reputation with gullible troons - that bridge was presumably already burnt. If anything, it's going to be even worse now because they'll say "CF can deplatform sites and has done it recently, they just choose not to for our latest target".

The wild speculative theory I like most is that a payment processor threatened to shut Cloudflare off. It seems like the easiest way for the situation to turn on a dime (so to speak).

Yeah, and that ultimately cost him. The funny thing is, there wasn’t a good reason for Cloudflare to backstab the Farms the way they did. If it was really a payment processor and not some shadowy force threatening to grind his kids up into chorizo, then he could’ve still explained the situation to Null in confidentiality and not try to damage the site’s reputation.

 

[RodgerDodger]

Dodge Brothers vs. Ford Motor Co. Is the precedent case, basically saying the company must follow the direction given by the shareholders. This case basically means if shareholders don't like a decision a company has made against their opinion, they can sue to get the decision reversed.

The core takeaway is the board and officers have a fiduciary duty to act in the shareholders best financial interests. And political, social, ideological, or corrupt crony actions that harm that shareholders value is strictly verboten.

 

[ShitLurker]

To be fair, is the content below not, perhaps, more Islamic than Al Qaeda?
View attachment 3810812

Is there a thread dedicated to this thing?

 

[Windows Error 98]

Is there a thread dedicated to this thing?

Dylan James Mulvaney / Days of Girlhood / Day __ of Being a Girl​

 

[Tour of Italy]

I usually think it’s gay as hell when people play the game of watching the stock market hoping for a dip in prices that proves that the Bad Company that did something Bad is paying for it.

But it does feel pretty fucking great to be mentioned by name as a reason for an abysmal quarterly showing.

 

[Meat Target]

Serves you right, Prince. Hope fellating the girldick was worth it.

 

[Honka Honka Burning Love]

Eh, Nazism has it's roots in Socialist movements that were highly nationalistic,

Hitler also wanted to take over the world, it will be the same end point just without the whole armies invading.

What is the fundamental difference between how the EU works and if Germany had won WW2? The Kraut-Niggers run the show both ways.

 

[NoReturn]

Hitler also wanted to take over the world, it will be the same end point just without the whole armies invading.

What is the fundamental difference between how the EU works and if Germany had won WW2? The Kraut-Niggers run the show both ways.

No, see, these are the Weimariggers