Page 27 - Confluent Cloud News Today

Company looks to expand its market reach with its Apache Druid-based software for developing real-time analytical applications.

Confluent (NASDAQ:CFLT – Get Rating) updated its second quarter 2022 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of -$0.21–$0.19 for the period, compared to the consensus estimate of -$0.20. The company issued revenue guidance of $130.00 million-$132.00 million, compared to the consensus revenue estimate of $127.69 million.Confluent also updated its […]

Confluent (NASDAQ:CFLT – Get Rating) issued an update on its FY 2022 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of -$0.79–$0.73 for the period, compared to the consensus estimate of -$0.75. The company issued revenue guidance of $554.00 million-$560.00 million, compared to the consensus revenue estimate of $546.41 million.Confluent […]

Zacks Investment Research cut shares of Confluent (NASDAQ:CFLT – Get Rating) from a buy rating to a sell rating in a research report released on Thursday morning, Zacks.com reports. According to Zacks, “Confluent Inc. provides platform for data in motion. Confluent Inc. is based in MOUNTAIN VIEW, Calif. “ A number of other analysts also […]

Considering the company's consistent execution, shares of Confluent look mighty appealing.

Confluent Cloud is an event streaming service that allows organizations to avoid Kafka infrastructure management while connecting and processing events across cloud architectures. This Forrester Total Economic Impact™ seeks to evaluate the true ROI and measurable benefits of the Confluent Cloud, including a 257% ROI. Read on to learn more.

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Confluent Cloud provides a simple, scalable, resilient, and secure event streaming platform for the cloud-first enterprise, the DevOps-starved organization, or the agile developer on a mission. Check out this data sheet to see to see how Confluent can offer your enterprise serverless, reliable, and flexible streaming solutions.

All indications suggest that Confluent’s commercial offering of Apache Kafka is gaining significant traction in the market.

CFLT earnings call for the period ending March 31, 2022.