NASDAQ:CFLT - Nasdaq - US20717M1036 - Common Stock - Currency: USD
CFO Rohan Sivaram said the company is well-positioned to achieve its growth and profitability targets for 2025.
CFLT earnings call for the period ending December 31, 2024.
Confluent shares are trading higher in Tuesday's after-hours session on the heels of the company's fourth-quarter results.
Confluent said that it earned an adjusted 9 cents per share on sales of $261 million for the December-ended quarter.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
Confluent exceeded expectations in the fourth quarter thanks to significant cloud subscription growth and improved cash flow.
Data infrastructure software company, Confluent (NASDAQ:CFLT) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 22.5% year on year to $261.2 million. On the other hand, next quarter’s revenue guidance of $253.5 million was less impressive, coming in 3.7% below analysts’ estimates. Its non-GAAP profit of $0.09 per share was 57.7% above analysts’ consensus estimates.
Data infrastructure software company, Confluent (NASDAQ:CFLT) will be reporting earnings tomorrow after market close. Here’s what to expect.
Snowflake stock dipped amid a report the software maker is in talks to acquire RedPanda amid its push into artificial intelligence.
Putting together your watch list? Look for stocks with an 80-plus RS Rating. Box stock meets that criteria, with a jump to 81 Wednesday.
Insider selling in stocks like Netflix and Broadcom spiked in Q4 2024 and may signal a market top for 2025; institutions and analysts don't agree.
On Thursday, Confluent stock got an upgrade for its IBD SmartSelect Composite Rating to 96, up from 94 a day ago.
Confluent, SentinelOne, and Coupang are transforming data management, security, and e-commerce with innovative solutions and impressive growth.
Goldman Sachs and Fortinet are among the stocks investors should keep tabs on.
FedEx and Nike report after the Fed's final meeting of 2024. S&P 500 estimates for 2025, and how analysts nearly always undershoot.
Confluent trades at $30.88 per share and has stayed right on track with the overall market, gaining 10.9% over the last six months. At the same time, the S&P 500 has returned 11.5%.