Cybersecurity firms Cloudflare Inc., Synaptics Inc. and NortonLifeLock Inc. delivered solid earnings beats in their quarterly earnings reports Thursday but had different outlooks for the quarter ahead.
For its second quarter ended June 30, Cloudflare reported it broke even before costs such as stock compensation, compared with a loss of two cents per share in the same quarter of 2021. Revenue jumped 54%, to $234.5 million. Analysts had expected a loss of one cent a share on revenue of $227.33 million.
Cyber roundup: Cloudflare, Synaptics and NortonLifeLock deliver cryptocurrency solid earnings beats
