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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Confluent

Confluent, Inc. designs and develops a real-time data platform for organizations. It offers confluent platform, KSQL and Confluent hub products. The firm provides application architecture engagement, multi data center, security and upgrade engagement and Amazon web services cloud deployment services. The company was founded by Jay Kreps, Neha Narkhede and Jun Rao in September 2014 and is headquartered in Mountain View, CA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2024

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Earnings data Q4 2024

Confluent surpasses Q4 revenue targets, accelerates profitability goals

Confluent's Q4 performance exceeded expectations, driven by strong Confluent Cloud growth and operational improvements. Despite macro challenges, the company remains optimistic about high growth rates and profitability goals. Strategic investments in key areas and positive market reception of new products position Confluent for continued success.

Confluent reports strong Q1 earnings, eyes growth amid operational gains

Confluent's Q1 performance reflects robust revenue growth and operational improvements, with a focus on customer acquisition and cloud revenue expansion.
While facing challenges in deal cycles and operating margin outlook, the company is strategically positioned to leverage its platform strengths and market opportunities.
By capitalizing on its architectural advantages, customer base expansion, and cost-effective cloud offering, Confluent aims to drive sustained growth and market leadership.

Confluent reports robust Q2 earnings, eyes AI opportunities for growth

Confluent's Q2 performance reflects strong revenue growth and operational improvements, with a focus on expanding its cloud business and enhancing customer value. While facing challenges in consumption trends and competition dynamics, the company is leveraging opportunities in AI applications and monetization strategies to drive future growth.

Confluent surpasses Q3 expectations, eyes growth through consumption model

Confluent's Q3 performance exceeded expectations despite challenges, focusing on consumption model transition for growth.
Strong customer retention rates and new product offerings driving adoption and revenue visibility.
Challenges include lower Cloud revenue outlook for Q4 due to macro pressures and customer consumption.
Opportunities lie in capturing market opportunities in streaming and solid growth potential in digital native market.

Confluent reports robust Q4 earnings, eyes growth in AI partnerships

Confluent's strong Q4 performance with revenue growth and positive operating margin signals a promising outlook for 2024.
The company's focus on customer success, data streaming leadership, and strategic partnerships positions them well for future growth.
While facing challenges like operating margin headwinds and new customer booking shifts, Confluent's opportunities in AI partnerships and real-time data demand are key for future success.

Confluent exceeds Q1 revenue targets, eyes growth opportunities ahead

Confluent's Q1 2024 showed strong revenue growth and margin improvement.
The company is capitalizing on new offerings and customer feedback.
Challenges include dealer issues and revenue lumpiness, but full-year guidance is positive.
Opportunities lie in Flink adoption, new revenue streams, and API accessibility.

Confluent beats Q2 targets, eyes growth through consumption model shift

Confluent's Q2 performance exceeded expectations, driven by strong subscription revenue growth and margin improvement. While facing challenges in NRR and pricing changes, the company is well-positioned to capitalize on opportunities in data streaming platform adoption and consumption-oriented strategies.

Confluent reports stellar Q3 earnings, eyes growth in AI solutions

Confluent's Q3 performance reflects strong financial health and strategic execution, with a focus on efficient growth and market leadership in data streaming solutions.
The company's strengths lie in customer conversion to higher ARR tiers, innovative product-led growth strategies, and competitive positioning against startups.
While challenges in sustaining growth and balancing innovation persist, Confluent's optimism about future opportunities and market potential remains high.

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Confluent, Inc. engages in creating a data infrastructure platform focused on data in motion. The firm provides application architecture engagement, multi data center, security and upgrade engagement, and Amazon web services cloud deployment services. Its products include Confluent Cloud and Confluent Platform. The company was founded by Edward Jay Kreps, Neha Narkhede, and Jun Rao on September 1, 2014, and is headquartered in Mountain View, CA.

Confluent once again topped its quarterly sales and earnings estimates. The stock's lackluster performance since 2022, however, doesn't reflect this growth.

Why Confluent Stock Is Soaring Today

Confluent, Inc. (NASDAQ:CFLT ) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Shane Xie - Investor Relations Jay Kreps - Co-Founder and CEO Rohan Sivaram - Chief Financial Officer Conference Call Participants Sanjit Singh - Morgan Stanley Matt Hedberg - RBC Raimo Lenschow - Barclays Jason Ader - William Blair Michael Turrin - Wells Fargo Gregg Moskowitz - Mizuho Mike Cikos - Needham Derrick Wood - TD Cowen Peter Weed - Bernstein Howard Ma - Guggenheim Pinjalim Bora - JPMorgan Miller Jump - Truist Securities Shane Xie Hello, everyone. Welcome to the Confluent Q1 2024 Earnings Conference Call.

Confluent, Inc. (CFLT) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for Confluent (CFLT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Confluent (CFLT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Confluent (CFLT) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.09 per share a year ago.

Confluent (CFLT) Surpasses Q1 Earnings and Revenue Estimates

Confluent stock gained after the company posted better-than-expected earnings and sales.

Confluent Stock Jumps On Sales, Earnings Beat For Data Software Player

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced financial results for its first quarter of 2024, ended March 31, 2024. “Confluent started fiscal year 2024 strong, highlighted by 45% year-over-year revenue growth for Confluent Cloud, which now accounts for the majority of our subscription revenue and remains our fastest growing offering,” said Jay Kreps, co-founder and CEO, Confluent. “These results show the critical role data s.

Confluent Announces First Quarter 2024 Financial Results

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Rocket Lab USA is in the right place at the right time with the right solution. The amount of digital data is exploding, and Confluent helps companies get a handle on this challenge.

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Evaluate the expected performance of Confluent (CFLT) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Curious about Confluent (CFLT) Q1 Performance? Explore Wall Street Estimates for Key Metrics

BENGALURU, India--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, announced AI Model Inference, an upcoming feature on Confluent Cloud for Apache Flink®, to enable teams to easily incorporate machine learning into data pipelines. Confluent introduced Confluent Platform for Apache Flink®, a Flink distribution that enables stream processing in on-premises or hybrid environments with support from the company's Flink experts. Confluent also unveiled Freight clusters, a n.

Confluent Unveils New Capabilities to Apache Flink Offering to Simplify AI and Bring Stream Processing to Workloads Everywhere

Confluent (CFLT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Confluent (CFLT) Reports Next Week: Wall Street Expects Earnings Growth

Confluent: A Promising Growth Story Given Increasing Usage On Platform And Robust Innovation

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MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced Accelerate with Confluent, a program for systems integrators (SIs) that prioritizes excellence in Confluent Professional Services to empower partners to deliver comprehensive data streaming solutions. Businesses hoping to thrive in today's digital-first world need a modern platform for data in motion, in order to provide stellar customer experiences and seamless business operations.

Confluent Announces Accelerate with Confluent, a Revamped and Services-Led Partner Program for System Integrators

Mizuho cut its price target slightly on Confluent stock, but still sees it as having solid upside. While demand in some areas is strong, new customer growth and the government sector remain challenges.

Confluent Stock Has 26% Upside, According to 1 Wall Street Analyst

Salesforce

Confluent's stock has slumped below its IPO price. Its business is still growing, but it faces macro and competitive headwinds.

Could Confluent Become the Next Salesforce?

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, announced it has been recognized as the Google Cloud Technology Partner of the Year for Data - Smart Analytics. With Google's open cloud infrastructure alongside Confluent's data streaming platform, companies have access to connected cloud and on-premises systems. Confluent, in partnership with Google Cloud, simplifies the process for organizations to connect and process real-time data streams acr.

Confluent Named a Google Cloud Partner of the Year for the Fifth Time

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced it will release financial results for its first quarter of 2024, which ended March 31, 2024, after the U.S. market close on Tuesday, May 07, 2024. Confluent will host a live video webcast to discuss the results. Video Webcast Information Date: Tuesday, May 07, 2024 Time: 1:30 p.m. PT / 4:30 p.m. ET Webcast: https://investors.confluent.io Prior to the commencement of the webcast, C.

Confluent to Announce First Quarter 2024 Financial Results on May 07, 2024

Introducing Applied Machine Learning, generative AI, and Analytical Capabilities for Real-Time Oversight and Enhanced AML Operations in Fintech and Banking MENLO PARK, Calif., April 8, 2024 /PRNewswire/ -- Oscilar, a leading force in AI-Powered financial risk management, today publicly unveiled an industry-leading AI-Powered AML Risk Platform at the ACAMS Summit in Florida.

Oscilar Unveils Groundbreaking AI-Powered AML Risk Platform, Transforming Compliance for Fintechs, Sponsor Banks, and Financial Ecosystem

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Microsoft

Microsoft's strategy of infusing AI into its core products has proved to be a game changer. Amazon's leadership in cloud computing and e-commerce is set to continue.

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Stocks with promising growth stories abound, but it's important to pick what aligns with your personal portfolio. Confluent is changing the way that data is secured, streamed, and processed for organizations of all sizes.

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NVIDIA

Confluent expects earnings to double annually over the next five years because of a solid customer base and a huge addressable market. Nvidia's impressive pricing power and the arrival of new chips could help the company sustain its robust earnings growth.

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This Under-the-Radar Announcement Makes Confluent My Top Growth Stock to Buy

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced that it has been named as a Leader in the IDC MarketScape for Worldwide Analytic Stream Processing Software 2024 Vendor Assessment(1) and the IDC Marketscape for Worldwide Event Brokering Software 2024 Vendor Assessment(2). "We believe our position as a Leader in both IDC MarketScapes is based on market recognition of data streaming platforms," says Shaun Clowes, Chief Product Off.

Confluent Named a Leader in Two IDC MarketScape Reports Evaluating Data Streaming Technologies

Confluent, Inc. has anticipated revenue growth rates of 27% CAGR in 2024 and a trajectory towards achieving 4% non-GAAP operating margins, validating my decision to change my rating from sell to buy. Despite challenges in navigating a crowded competitive landscape, Confluent's leadership position in the data streaming market and strategic partnerships bolster its position for sustained success. Confluent's near-term prospects show a promising improvement in profitability, influencing my recommendation positively.

Confluent's Promising Path To Profitability (Rating Upgrade)

Peloton

The Nasdaq-100 technology index is up 25% since the end of October 2023. The index appears to be taking a breather, and one once-popular technology stock is also wobbling.

News for Confluent Stock (CFLT)