Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q Table of Contents SPECIAL NOTE ABOUT FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical fact contained in this Quarterly Report on Form 10-Q, including statements regarding our future results of operations and financial condition, business ...

• First quarter total revenue of $217 million, up 25% year over year • 1,260 customers with $100,000 or greater in ARR, up 17% year over year "Our first quarter performance demonstrates that our consumption transformation is showing early signs of success, evidenced by our robust subscription revenue growth and the largest sequential increase in total customers since Q1 2023," said Rohan Sivaram, CFO, Confluent. "While streaming remains the largest driver of our cloud business with continued strong growth, ...

The time to jump into a red-hot growth prospect is usually right now...before any more investors identify the opportunity.They're often grouped together, but not all growth stocks are the same. Indeed, they're each dramatically different in terms of risk, potential, and longevity. One's not inherently as good as another.With that as the backdrop, here's a closer look at three hot growth stocks that are screaming buys right now. All three may pose above-average risk, but if you can stomach it, the prospectiv ...

Wall Street analysts forecast that Confluent (CFLT) will report quarterly earnings of $0.02 per share in its upcoming release, pointing to a year-over-year increase of 122.2%. It is anticipated that revenues will amount to $211.57 million, exhibiting an increase of 21.4% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.B ...

imaginima Introduction & Investment Thesis Confluent (NASDAQ:NASDAQ:CFLT) is a data infrastructure platform focused on data in motion. The company has outperformed the S&P 500 and Nasdaq 100 YTD. It reported its Q4 FY23 earnings report in February, where revenue grew 33% YoY for the full fiscal year, while non-GAAP Operating Margin improved 2300 basis points to -7.4%, up from -30.4% a year earlier. The company expects to grow its revenue by 22.3% YoY to $950M, while breaking even on non-GAAP operating i ...

The cloud software company is facing challenges, but Mizuho remains optimistic.Analysts at Mizuho have become a bit less optimistic about Confluent (CFLT 0.80%). On Monday, they lowered their price target on the data streaming company's shares from $38 to $36. However, that new target still represents a potential upside of 26% from the current price, and Mizuho maintained its buy rating on the stock.A mixed bagConfluent specializes in helping enterprises handle complex data streaming workloads using Apache ...

Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earn ...

The cloud software company hasn't impressed the bulls.Confluent (CFLT 2.63%) and Salesforce (CRM -0.06%) both help companies analyze data with their cloud-based platforms. Confluent's platform processes "data in motion" in real time as it streams between applications. Salesforce is a much larger company that operates the world's largest cloud-based customer relationship management (CRM) platform. Salesforce also provides other e-commerce, marketing, analytics, data visualization, and enterprise collaboratio ...

Introducing Applied Machine Learning, generative AI, and Analytical Capabilities for Real-Time Oversight and Enhanced AML Operations in Fintech and BankingMENLO 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. This innovation represents a major leap forward in Anti-Money Laundering (AML) operations by equipping sponsor banks, fintechs, and fina ...

A plan to accelerate growth, a wonderful business, and an appealing stock price.In this video, Motley Fool contributor Jason Hall updates his latest thoughts on Confluent (CFLT 0.82%) and explains why an easily overlooked press release back in February may lead to accelerated growth and strong returns for investors.*Stock prices used were from the afternoon of April 2, 2024. The video was published on April 3, 2024. ...