Earnings released today from Cloudflare Inc., NetScout Systems Inc. and AvePoint Inc. saw all three companies deliver reasonably strong results, sending shares higher in after-hours trading.

Strong customer growth, improved operating performance and solid guidance helped each firm reassure investors despite ongoing macroeconomic uncertainty.

Cloudflare

Cloudflare reported first-quarter adjusted earnings per share of 16 cents, the same adjusted earnings as the first quarter of 2024, on revenue of $479.1 million, up 27% year-over-year. Earnings were in line with analyst expectations, while revenue came in ahead of a forecast of $469.95 million.

Business highlights in the quarter included the March 18 launch of Cloudflare’s Threat Events Feed, a real-time intelligence stream designed to help security teams detect and respond to cyberthreats more efficiently. The feed, part of the company’s broader push into threat intelligence, gives enterprises deeper visibility into attack patterns using Cloudflare’s global network data.

Also during the quarter, Cloudflare introduced its new Security Posture Management platform, which gives businesses a unified dashboard to manage risk across applications, users and data. The company also announced Cloudflare for AI, a suite of tools aimed at securing artificial intelligence infrastructure, with a goal to support safe, scalable AI adoption.

Additional product updates included new WARP client features for macOS, Windows, Linux and iOS, improving manageability and error handling. On the developer side, Cloudflare rolled out tools like a “Deploy to Cloudflare” GitHub button and improved debugging support, continuing to streamline its edge application platform.

“We have the scale, the technology and the team to capture the massive opportunity ahead of us, as evidenced by the size and the length of the deals we’re closing and the caliber of customers betting on Cloudflare,” Matthew Prince, co-founder and chief executive of Cloudflare, said in the company’s earning release.

For its fiscal second quarter, Cloudflare expects adjusted earnings per share of 18 cents on revenue of $500 million to $501 million. For the full year, the company expects earnings per share of 79 to 80 cents on revenue of $2.09 billion to $2.094 billion.

NetScout

For its fiscal 2025 fourth quarter that ended on March 31, NetScout reported adjusted earnings per share of 52 cents, down from 55 cents in the same quarter of the previous fiscal year, on revenue of $205 million, up 1% year-over-year.  Both figures were ahead of the 51 cents per share and revenue of $195 million expected by analysts.

For its full fiscal year, the company reported adjusted earnings per share of $2.22 on revenue of $822.7 million, down 1% year-over-year.

“We closed fiscal year 2025 revenue on a strong note, with fourth-quarter revenue exceeding our expectations, driven by solid performance in our Cybersecurity product line,” CEO Anil Singhal said in the company’s earnings release.

For its 2026 fiscal year, NetScout expects adjusted earnings per share of $2.25 to $2.40 on revenue of $825 million to $865 million. Both were ahead of an expected $2.21 and $824.8 million.

AvePoint

For its fiscal 2025 first quarter that ended on March 31, AvePoint reported adjusted earnings per share of two cents on revenue of $93.1 million, up 25% year-over-year. The earnings were a rare miss, as analysts had been expecting five cents. However, AvePoint’s revenue came in ahead of a forecast of $88.76 million.

“Despite the fluid macroeconomic environment, organizations are increasingly implementing AI-driven data management strategies that demand platform solutions which balance security and innovation,” co-founder and CEO Dr. Tianyi Jiang said in the company’s earnings release. “Our team’s execution to start the year has us steadily advancing toward our vision of becoming the world’s leading data management software company and achieving our billion-dollar ARR target for 2029.”

For its fiscal second quarter, AvePont expects revenue of $95.3 million to $97.3 million and for the full year, revenue of $397.4 million to $405.4 million.

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