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Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

cloudflare.net

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Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#21

Post by rvz »

nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

> Down 6% after hours, for reasons that I don't understand.

Well time to buy some on Friday near market close then before it reaches >$100.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#23

Post by subsaharancoder »

nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

this is typical behavior of stocks, even with stellar earnings many of them go down after hours, go checkout Corsair

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#24

Post by spoonjim »

DamnYuppie wrote: post #9
nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

My feeling is that the price had risen expecting a more stellar result or bullish guidance. When the street didn't get that they took their profits and ran. You can watch the same thing happen to CRM and ZM now in the days leading up to their next earnings call.

What does it mean “the street took their profits and ran”? Who did they sell the stock to?

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#25

Post by subsaharancoder »

dreaminvm wrote: post #11

Solid results with exceptional margins and a healthy FY21 outlook. I wonder if markets just have unrealistic expectations (from the craziness of GME/AMC and cannbis stocks) or people are just taking profits on a ~400% run up since IPO.

the latter, people booking unrealized gains pre-earnings, then post earnings it finds a comfortable price point, then more people buy and we rinse and repeat..

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#26

Post by tayo42 »

Uehreka wrote: post #12
nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

I don’t get why people still say FAANG, even. Netflix is doing great and has some great tech, but these days it seems like they’re way more of a TV megastudio with a really great engineering dept than a tech giant like Apple, Amazon, Facebook and Google. Sure, they’re no slouches, but it feels like any acronym that includes Netflix needs to also include Microsoft for sure. In fact, by the time you get to Netflix I fe…

I haven't really thought about it much, Netflix engineering hype seems to have died down? Or maybe I'm just oblivious. They seem more regular than they used to be? All their open source was hyped up, I even got stuck using some of it because of people following fads.

And yeah agree Twitter always seems to be missing from engineering hype. I guess their open source and engineering out in the open is a shell of what is was.

Tesla pays low, software isn't the main focus. Salesforce is a b2b company, that i don't think most people actually like? Do they pay like other companies or have unusual or interesting software engineering problems?

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#27

Post by cma »

dreaminvm wrote: post #11

Solid results with exceptional margins and a healthy FY21 outlook. I wonder if markets just have unrealistic expectations (from the craziness of GME/AMC and cannbis stocks) or people are just taking profits on a ~400% run up since IPO.

Cloudflare is still up 10% for the month.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#29

Post by judge2020 »

xorx wrote: post #22

Maybe I'm too old, and stuck in the mud with the pre-ICANN intention of the original TLDs, but does it seem odd to anyone else that they host their network services on .com and their corporate information on .net?

I think the joke here is that their stock symbol is NET.

Re: Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

#30

Post by edmundsauto »

whoisburbansky wrote: post #5
nickysielicki wrote: post #3

Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…

> Down 6% after hours, for reasons that I don't understand. Not trying to be snarky, but this is how I feel about pretty much all AH movement after earnings, for any company. Do you usually not feel this way?

I think this is the most accurate way to feel about market movement. People who give you explanations might be right, but how would they even know? Stock narratives are post hoc divination a without much exploration of alternative explanations.

I tell myself that any explanation might be a neat story, but what evidence is there that isn’t just someone’s opinion? (Not much, usually.)

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