Confluent Aktie News

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Confluent's latest results indicate that customer spending on its data streaming platform remains robust. The demand for Confluent's offerings should continue improving as it sees its addressable market growing to $100 billion by 2025.

Confluent is growing its roster of large customers at a rapid rate and is beginning to see economies of scale. Datadog's platform is proving valuable to its customer base.

Data streaming powers many of our live experiences online, and Confluent is a leading developer of the technology. Confluent has barely scratched the surface of what could be a $100 billion annual opportunity in data streaming.

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

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 Mi...

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

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 ...