Revenue segments as reported by the company.

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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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Year over year growth in Revenue and Operating Expenses.

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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.

Outstanding Shares

Market Cap

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

Revenue Multiple

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.

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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 (NASDAQ: CFLT ) stock is falling on Thursday after the company provided investors with a guidance update in its latest earnings report. The bad news for CFLT stockholders starts with its outlook for the fourth quarter of 2023.

Why Is Confluent (CFLT) Stock Down 35% Today?

While the top- and bottom-line numbers for Confluent (CFLT) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Confluent (CFLT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Confluent, Inc. (NASDAQ:CFLT ) Q3 2023 Results Conference Call November 1, 2023 4:30 PM ET Company Participants Shane Xie - IR Jay Kreps - Co-Founder and CEO Rohan Sivaram - CFO Conference Call Participants Sanjit Singh - Morgan Stanley Brad Zelnick - Deutsche Kash Rangan - Goldman Sachs Michael Turrin - Wells Fargo Pinjalim Bora - JPMorgan Brad Sills - Bank of America Jason Ader - William Blair Derrick Wood - TD Cowen Raimo Lenschow - Barclays Shane Xie Hi, everyone. Welcome to the Confluent Q3 2023 Earnings Conference Call.

Confluent, Inc. (CFLT) Q3 2023 Earnings Call Transcript

Confluent (CFLT) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.13 per share a year ago.

Confluent (CFLT) Tops Q3 Earnings and Revenue Estimates

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced financial results for its third quarter of 2023, ended September 30, 2023. “Confluent delivered another strong quarter with 32% year-over-year revenue growth in a volatile macroeconomic environment,” said Jay Kreps, co-founder and CEO, Confluent. “Our continued growth is driven by the critical role of data streaming and customer demand for our industry leading platform that connec.

Confluent Announces Third Quarter 2023 Financial Results

Super Micro Computer

The growing need for real-time data processing is turning out to be a big catalyst for one of these companies. If you're looking for an AI stock trading at a throwaway valuation, don't miss out on this fast-growing manufacturer of server solutions.

Got $1,000? Here Are 2 Top Growth Stocks to Buy That Could Double Your Money

Uber

The Nasdaq-100 has surged 37% this year, but it's still trading 9% below its best-ever levels from 2021. Many high-quality individual stocks also trade well below their all-time highs.

2 Super Stocks Down 24% and 67% From All-Time Highs You'll Regret Not Buying on the Dip

Symbotic Inc

Symbotic's AI-powered robotics and software system can play a major role in transforming the global logistics industry. Data streaming platform provider Confluent is well positioned to be a transformative player in the modern digital landscape.

Prediction: 2 Growth Stocks That Can Turn $500,000 Into $1 Million by 2026

DigitalOcean rolled out its own managed Kafka service last month at a steep discount to Confluent's cloud offering. While DigitalOcean primarily serves developers and small businesses, larger enterprises looking to cut cloud spending could find the service appealing.

Confluent Has a New Low-Cost Competitor

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced it will release financial results for its third quarter of 2023, which ended September 30, 2023, after the U.S. market close on Wednesday, November 01, 2023. Confluent will host a live video webcast to discuss the results. Video Webcast Information Date: Wednesday, November 01, 2023 Time: 1:30 p.m. PT / 4:30 p.m. ET Webcast: https://investors.confluent.io Prior to the commencement.

Confluent to Announce Third Quarter 2023 Financial Results on November 01, 2023

MongoDB

Confluent's data streaming technology for real-time data processing is becoming an essential service for businesses. MongoDb's NoSQL database management system is well positioned to benefit in the current generative AI era.

Want to Get Richer? 2 Growth Stocks to Buy Before They Skyrocket

Data streaming platform Confluent has announced its new initiative called Data Streaming for AI, aiming to simplify and accelerate organizations' development of real-time AI applications.

Confluent Adds Partnerships to Facilitate Real-Time Data Streams for AI

Such realtime data is vital for use cases where speed is of the essence in business processes, such as fraud detection.

Confluent launches new initiative to deliver fresh, real-time data streams for enterprise AI apps

SAN JOSE, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced the open preview of Apache Flink® on Confluent Cloud, a fully managed service for stream processing that makes it easier for companies to filter, join, and enrich data streams with Flink. With data streams processed on the fly, organizations are able to react and innovate faster with timely insights. In addition, Confluent announced Data Portal to help teams discover all the real-time.

Confluent Unveils Apache Flink® on Confluent Cloud, Making it Easier to Build Real-Time Applications with Stream Processing on a Unified Platform

SAN JOSE, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced Data Streaming for AI, an initiative to accelerate organizations' development of real-time AI applications. Achieving real-time AI demands more than fast algorithms; it requires trustworthy, relevant data served in the moment for smarter, faster insights. To help companies unlock the full potential of AI with the freshest contextual data from across their business, Confluent is expandin.

Confluent Unveils Data Streaming for AI to Simplify and Accelerate the Development of Real-Time AI Applications

Confluent's Data Streaming Platform should give it a significant competitive advantage and a barrier to entry. The Data Streaming Platform has several integrated components that will lead to greater engagement and monetization. Confluent had an excellent first half performance in a difficult environment.

Confluent: Streaming To Success

The data streaming company is growing revenue, but profits remain elusive.

Is Confluent Stock a Buy, Sell, or Hold?

Dutch Bros

Recently, data from the Bureau of Labor Statistics revealed that prices for United States consumers increased by 3.7% in August. This inflation rate was in line with economists' and analysts projections.

The 3 Most Undervalued Under-$50 Stocks to Buy in September 2023

When some of Wall Street's top investors make moves, it's worth paying attention. Two of these billionaires were buyers of Confluent in this year's second quarter.

A Few Years From Now, You'll Wish You'd Followed 2 of Wall Street's Top Billionaire Investors Into This Stock

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced the Data Streaming Startup Challenge. The Data Streaming Startup Challenge is a global competition that recognizes and rewards early-stage startups that are building innovative applications with Confluent. Startups will compete for a grand prize up to a $500,000 investment from Confluent, marketing exposure, and access to venture capitalists and Confluent co-founders who will provi.

Confluent Announces the Data Streaming Startup Challenge

Confluent created a revolutionary new data infrastructure for the digital economy. The company does face potential competition from giants like Microsoft, Amazon, and Alphabet.

Confluent: A Phenomenal Investment Opportunity You Don't Want to Miss

HubSpot

ServiceNow

Technology has supercharged global growth for several decades now. There's no question that technology companies have been leaders in creating solutions that increase productivity in the economy.

The 3 Most Promising Tech Stocks to Own Now

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today announced an expanded partnership with Google Cloud, and also announced that it was named the Google Cloud Technology Partner of the Year for Google Marketplace–Data and Analytics. Through their long-standing partnership, Confluent and Google Cloud make it easy for customers to connect and process real-time data flows throughout their entire organization to power modern applications and anal.

Confluent Expands Partnership with Google Cloud as it's Named a Google Cloud Technology Partner of the Year for the Fourth Time

Confluent has a strong revenue growth and is well-positioned to capture the data streaming market. The company's gross margin has improved and it is expected to break even at the operating margin level in Q4-2023. The US market and the company's ability to attract new customers are potential risk factors to consider.

Is Confluent Stock Overvalued? Don't Be Fooled

Robinhood

Despite strong recent gains in the Nasdaq-100, many tech stocks still trade well below all-time highs. There are long-term opportunities for investors, but it's key to be selective on these tech stocks.

News for Confluent Stock (CFLT)