RADNOR, Pa., July 21, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Cloudflare, Inc. (NYSE: NET) ("Cloudflare").
On May 2, 2024, Cloudflare announced its financial results for its first quarter ended March 31, 2024 and revealed weaker-than-expected current-quarter sales guidance. Specifically, Cloudflare guided current-quarter revenue of $393.5 million to $394.5 million, with the midpoint of that range sitting below the $394.5 million expected by analysts.
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