Key HighlightsShares of Cloudflare climbed approximately 18% during extended trading following robust quarterly performance. The company delivered $696 million in quarterly revenue, marking a 36% increase compared to the prior year and exceeding projections of roughly $665 million. Shares of Cloudflare (NYSE: NET) surged roughly 18% during after-hours trading following the release of quarterly financial results that exceeded market expectations. Strong Performance Drives Stock GainsCloudflare announced quarterly revenue totaling $696 million, representing a 36% year-over-year increase. Following the encouraging quarterly performance, management revised its full-year revenue guidance upward to roughly $2.87 billion.