The company does have a historical past of “sandbagging” earning expectations and then exceeding them, so I wouldn’t be shocked to see this again. On a per-share basis, the San Francisco-based company mentioned it had a lack of 13 cents. Earnings, adjusted for one-time features and costs, were 1 cent per share. Just five cybersecurity vendors noticed their stock price drop by lower than 3% Thursday. Four of these companies – Mandiant, Mimecast, Tufin and SailPoint – are under agreement to be taken private, and the fifth – Fortinet – announced better-than-expected earnings and outlook late Wednesday.
Over the final two years we’ve tried to enhance our utilization of color at Cloudflare. There were a number of forcing features that made this work a precedence. As a small staff of designers and engineers we had inherited a bunch of design work that was a mixture of values constructed by a number of groups. As a result it was tough and unnecessarily time consuming to add new colors when constructing new elements.