Cloudflare’s stock jumps on solid earnings and revenue beat

Shares in the network security and internet traffic management firm Cloudflare Inc. jumped more than 10% in after-hours trading today after it posted third-quarter earnings and revenue that easily topped analysts’ forecasts. The company, which is based in San Francisco, reported a loss before certain costs such as stock compensation of 2 cents per share on revenue of $114.2 million, up 54% from a year ago.

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