Cloudflare Gives Disappointing Revenue Outlook; Shares Tumble.

Cloudflare Inc., a San Francisco-based security company, has reported second-quarter revenue projections that fell short of analysts' expectations. The company estimated that revenue would total $393.5 million to $394.5 million in the second quarter, missing analysts' estimates of $394.5 million. This news caused shares to plummet in after-market trading. Despite this disappointing outlook, Cloudflare did post solid first-quarter results, with adjusted earnings of 16 cents per share, beating analysts' estimates of 13 cents. [Extracted from the article]