Technology
Cloudflare grows 39 percent and lifts its full-year outlook
Cloudflare reported third-quarter revenue of $782.5 million, up 39 percent from a year earlier and its fastest growth in nearly four years, crossing $3 billion in annualised revenue. Non-GAAP operating income was $137.1 million, a 17.5 percent margin, while the GAAP operating loss widened to $67.9 million. The company guided fourth-quarter revenue to $845-846 million and raised its full-year revenue outlook to about $2.96 billion.