Shares of Confluent (CFLT 21.89%) are seeing explosive gains in Wednesday's trading. The data streaming specialist's share price was up 20% as of 11:45 a.m. ET today. Meanwhile, the S&P 500 index was down 0.7%, and the Nasdaq Composite index was down 0.4%.Confluent published its fourth-quarter results after the market closed yesterday and reported sales and earnings for the period that beat Wall Street's expectations. The company also announced some new partnerships that appear to have investors excited.Con ...

CANADA - 2025/02/10: In this photo illustration, the Confluent, Inc. logo is seen displayed on a ... [+] smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesConfluent (NASDAQ: CFLT), a data streaming company, recently announced its Q4 results, surpassing market expectations for both revenue and earnings. The company reported $261 million in revenue and adjusted earnings of $0.09 per share, slightly above analysts' consensus ...

Investor Presentation February 11, 2025 Disclaimer This presentation includes express and implied forward-looking statements. All statements contained in this presentation other than statements of historical facts, including expectations of Confluent, Inc. ("we,ˮ "us,ˮ "our,ˮ or "Confluentˮ) regarding our revenue, revenue mix, revenue growth, expenses and other results of operations; total customers; net dilution; operating margins and margin improvements, targeted or anticipated margin levels; future finan ...

Confluent, Inc. (NASDAQ:CFLT) Q4 2024 Earnings Conference Call February 11, 2025 4:30 PM ET Company Participants Shane Xie - Investor Relations Jay Kreps - Co-Founder & Chief Executive Officer Rohan Sivaram - Chief Financial Officer Conference Call Participants Matthew Hedberg - RBC Michael Turrin - Wells Fargo Brad Zelnick - Deutsche Bank Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Pinjalim Bora - JPMorgan Robbie Owens - Piper Sandler Kash Rangan - Goldman Sachs Howard Ma - Guggenheim Gregg Mos ...

For the quarter ended December 2024, Confluent (CFLT) reported revenue of $261.22 million, up 22.5% over the same period last year. EPS came in at $0.09, compared to $0.09 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $256.83 million, representing a surprise of +1.71%. The company delivered an EPS surprise of +80.00%, with the consensus EPS estimate being $0.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Confluent (CFLT) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 80%. A quarter ago, it was expected that this data infrastructure software maker would post earnings of $0.05 per share when it actually produced earnings of $0.10, delivering a surprise of 100%.Over the last four quarte ...

Confluent (CFLT) Q4 2024 Earnings Call February 11, 2025 04:30 PM ET Company Participants Shane Xie - Investor Relations OfficerJay Kreps - CEO & Co-FounderRohan Sivaram - Chief Financial OfficerMatthew Hedberg - Managing Director, Software ResearchBrad Zelnick - Managing DirectorSanjit Singh - Executive DirectorRaimo Lenschow - Managing DirectorPinjalim Bora - Executive DirectorKash Rangan - Managing Director Conference Call Participants Michael Turrin - Managing Director, Software Equity Research AnalystR ...

Confluent exceeded expectations in the fourth quarter thanks to significant cloud subscription growth and improved cash flow.Confluent (CFLT -4.32%), operator of a cloud-centric data streaming platform, delivered its fourth-quarter earnings results on Feb. 11. The company reported non-GAAP earnings per share (EPS) of $0.09, which was well above the analysts' consensus estimate of $0.06 and also exceeded the company's guidance of $0.05. Total revenue for the quarter grew 23% year over year to $261.2 million, ...

Revenue Growth - Fourth quarter subscription revenue reached $250.6 million, a 24% increase year-over-year, with Confluent Cloud revenue growing 38% to $138 million[6] - For fiscal year 2024, subscription revenue totaled $922.1 million, up 26% year-over-year, while total revenue increased 24% to $963.6 million[7] - Total revenue for Q4 2024 was $261.2 million, a 22.5% increase from $213.2 million in Q4 2023[20] - Subscription revenue reached $250.6 million, up 23.5% from $202.8 million year-over-year[20] Profitability and Losses - The company reported a GAAP operating loss of $(105.8) million in Q4 2024, compared to $(84.7) million in Q4 2023, reflecting a $(21.1) million increase in losses[5] - Non-GAAP operating income for Q4 2024 was $13.6 million, up $2.4 million from $11.2 million in Q4 2023, with a non-GAAP operating margin of 5.2%[5] - GAAP net loss per share improved to $(0.27) in Q4 2024 from $(0.30) in Q4 2023, while non-GAAP net income per diluted share remained at $0.09[5] - Net loss for the year ended December 31, 2024, was $345.1 million, an improvement from a net loss of $442.7 million in 2023[20] - Non-GAAP net income for Q4 2024 was $31,064,000, slightly down from $32,169,000 in Q4 2023, a decrease of 3.4%[25] Cash Flow and Financial Position - Free cash flow for Q4 2024 was $29.1 million, significantly up from $6.8 million in Q4 2023, resulting in a free cash flow margin of 11.1%[5] - Cash and cash equivalents at the end of Q4 2024 were $386.0 million, up from $349.8 million at the end of Q4 2023[22] - Total assets increased to $2.7 billion in 2024 from $2.5 billion in 2023[18] - Total stockholders' equity rose to $961.2 million in 2024, compared to $810.4 million in 2023[18] - Free cash flow margin for Q4 2024 was 11.1%, compared to 3.2% in Q4 2023, indicating improved cash flow efficiency[26] Expenses - Research and development expenses for the year were $421.2 million, a 20.8% increase from $348.8 million in 2023[20] - The company reported stock-based compensation-related charges of $417.1 million for the year, up from $360.9 million in 2023[20] - Research and development operating expenses on a GAAP basis for Q4 2024 were $114,886,000, up from $86,948,000 in Q4 2023, a rise of 32%[24] - Sales and marketing operating expenses on a GAAP basis for Q4 2024 were $145,194,000, compared to $119,911,000 in Q4 2023, an increase of 21%[24] Future Outlook - Confluent expects Q1 2025 subscription revenue to be between $253 million and $254 million, and fiscal year 2025 subscription revenue to range from $1.117 billion to $1.121 billion[8] - The company anticipates a non-GAAP operating margin of approximately 3% for Q1 2025 and around 6% for fiscal year 2025[8] - The company highlighted its strategic partnerships and product innovations as key drivers for future growth and market leadership in the data streaming sector[4] Gross Profit - Gross profit for the year ended December 31, 2024, was $706.2 million, representing a 28.9% increase compared to $547.3 million in 2023[20] - Total GAAP gross profit for Q4 2024 was $193,655,000, up from $156,127,000 in Q4 2023, representing a 24% increase[24] - Non-GAAP total gross profit for the year 2024 reached $753,759,000, compared to $585,821,000 in 2023, reflecting a 28.6% growth[24]

In its upcoming report, Confluent (CFLT) is predicted by Wall Street analysts to post quarterly earnings of $0.05 per share, reflecting a decline of 44.4% compared to the same period last year. Revenues are forecasted to be $256.83 million, representing a year-over-year increase of 20.5%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during ...