Cloudflare reports Q2 revenue up 36% YoY to $696.1M, above $665M est., and forecasts Q3 revenue above estimates; NET jumps 17%+ after hours
THE SO WHAT
Cloudflare growing 36% YoY to $696M and guiding above estimates shows that network, security, and edge compute remain priority spend even as SaaS gets scrutinized. If you’re building AI products, assume customers will prefer architectures that piggyback on existing edge and security vendors rather than introduce new ones.
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