CRWD Earnings: Cloudflare Beats EPS on AI Demand Surge

Cloudflare (CRWD) has reported Q3 results that significantly outperformed Wall Street expectations, delivering $0.31 per share against a consensus of $0.29, representing a 6.4% surprise. This earnings beat was underpinned by robust revenue growth of 25.6% year-on-year, driven largely by surging demand for AI infrastructure and security services. The company’s ability to monetise its platform across hyperscalers and enterprise clients has reinforced its position as a critical enabler of the generative AI revolution.