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Cloudflare stock surged after beating earnings and raising its annual forecast

The connectivity cloud company posted Q2 revenue of $696.1 million, up 36% year over year, and now expects full-year revenue of up to $2.87 billion

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Cloudflare raised its full-year revenue forecast after posting second-quarter results that exceeded analyst expectations, with the company pointing to growing demand tied to the shift toward AI-driven internet traffic.

The company reported second-quarter revenue of $696.1 million, up 36% from the same period a year earlier. Non-GAAP income from operations came in at $96.1 million, or 13.8% of revenue. Free cash flow was $56.4 million, equal to 8% of........

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