Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Cloudflare Announces Fourth Quarter and Fiscal Year 2020 Financial Results

cloudflare.net

Post reply on HN
Print view View original

31–40 of 141 posts

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

#31

Post by selectodude »

prewett wrote: post #14
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…

Cloudflare seems like a promising stock, but the dual-class shares really put me off. It doesn't even look like Class B is even traded; at least for, say, Google, you can buy their Class B stock.

You can't buy class B google stock. It's owned solely by Larry Page, Sergei Brin, and a handful by Eric Schmidt and others. They're not traded on public markets and give Page and Brin alone 51 percent of all voting rights. Furthermore, if any class B shares are sold, they're converted to class A and lose their 10x voting power.

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

#32

Post by darkwizard42 »

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?

It pretty much comes down to how expected or unexpected the guidance and exceeds/misses are on the metrics of interest.

If you know that FB, GOOG, PINS are all having amazing quarters, you might see SNAPs price rise in advance of their earnings because if some other big ad/social network giants are doing well, surely SNAP will too!

Then there are truly amazing beats or misses by companies and the street tracks those as well.

A more recent example might be Lyft & Uber. Lyft actually came in at the top end of QoQ rev growth and cut losses well. Uber's options market and stock immediately reflected Lyft's earnings report even though Uber was still 24 hours away from reporting. Uber's report was good not great but the stock had already gained in the day prior and thus not much left to squeeze up.

Just my 2 cents on how some of these things happen

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

#33

Post by aaomidi »

spoonjim wrote: post #24
DamnYuppie wrote: post #9

Earlier quoted context omitted.

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?

To buyers who had placed orders way lower than what the stock was worth.

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

#34

Post by notyourwork »

dmead wrote: post #16
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…

cloudflare has been talked about on WSB and /r/stocks for months. it's probably pumped a good bit already and this was a reality check.

To be concerned with any noise associated with WSB or others is dependent on your time horizon. If Im buying Cloudflare because I plan to own it in 5-10 years, that is likely moot. If you want to get rich quick, its a bet like any other.

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

#35

Post by nostrademons »

spoonjim wrote: post #24
DamnYuppie wrote: post #9

Earlier quoted context omitted.

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?

Folks like the OP who believe CloudFlare is a good long-term buy but weren't paying attention before the earning's announcement.

There's usually some subsegment of investors that believe that earnings are going to be really good, bid up the price beforehand, and figure they'll sell after earnings. If that group is smaller than the folks who see the earnings and figure it actually is a really good buy that they want to own, you get a stock pop after earnings. If the former group is larger than the latter, you get a stock drop. This cycle the former was bigger than the latter for CloudFlare. It's gone the other way both other cycles for CloudFlare and this cycle for other stocks. (Google and Disney, for example, got large after-hours pops after earnings.)

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

#36

Post by Thaxll »

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…

Worth $28B and only have revenues of $450M a year, that should explain, this compagny is overevaluated.

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

#37

Post by nostrademons »

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'm fond of "MAGA" for "Microsoft, Apple, Google, Amazon". That's the 4 largest tech companies on the market, and they're the ones really making America great again.

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

#38

Post by thefounder »

Thaxll wrote: post #36
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…

Worth $28B and only have revenues of $450M a year, that should explain, this compagny is overevaluated.

The whole market is overvalued. It has become a kind of bitcoin. Fundamentals don't matter anymore. It's positioning and volume.

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

#39

Post by reducesuffering »

Thaxll wrote: post #36
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…

Worth $28B and only have revenues of $450M a year, that should explain, this compagny is overevaluated.

*Current revenues of $450M a year. However, $28B for revenues of $5b a year, 10 years out? Undervalued with ZIRP.

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

#40

Post by alex_young »

BitwiseFool wrote: post #4
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…

CAMFANG?

FC'G A MAN
Post reply on HN