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Confluent (NASDAQ:CFLT – Get Free Report) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.00-0.02 for the period, compared to the consensus earnings per share estimate of $0.02. The company issued revenue guidance of $211-212 million, compared to the consensus revenue estimate of […]
Confluent (NASDAQ:CFLT – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.170-0.170 for the period, compared to the consensus estimate of 0.170. The company issued revenue guidance of $950.0 million-$950.0 million, compared to the consensus revenue estimate of $939.1 million. Confluent also updated […]
CFLT earnings call for the period ending December 31, 2023.
Confluent, Inc. (NASDAQ:CFLT) Q4 2023 Earnings Call Transcript February 7, 2024 Confluent, Inc. misses on earnings expectations. Reported EPS is $-0.0003 EPS, expectations were $0.05. Confluent, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Shane Xie: Hello, everyone. Welcome to […]
Shares of data infrastructure software company, Confluent (NASDAQ:CFLT) jumped 30.4% in the morning session after the company reported fourth-quarter results, which beat analysts' revenue expectations and turned free cash flow positive for the first time. Its full-year revenue guidance came in higher than Wall Street's estimates. While revenue guidance for next year suggests a slowdown in growth, that was mostly expected. Lastly, the company noted that the transition to a pure consumption-based