Thursday, November 7, 2019

Cloudflare, in its first earnings report after IPO, announces Q3 revenue growth of 48% YoY to $73.9M as GAAP loss increased to $40.9M from $38M in Q3 2018 (Alex Wilhelm/Crunchbase News)

Alex Wilhelm / Crunchbase News:
Cloudflare, in its first earnings report after IPO, announces Q3 revenue growth of 48% YoY to $73.9M as GAAP loss increased to $40.9M from $38M in Q3 2018  —  We've been tracking the revenue multiples of SaaS companies broadly, and the 2019 IPO class more specifically over the past few months.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...