Exhibit 99.1 Confluent Announces First Quarter 2025 Financial Results MOUNTAIN VIEW, Calif. -- April 30, 2025 -- Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced financial results for its first quarter of 2025, ended March 31, 2025. "Confluent started the year with solid momentum, achieving subscription revenue growth of 26% year over year," said Jay Kreps, co-founder and CEO, Confluent. "Our growth at scale amid heightened macroeconomic uncertainty demonstrates the mission-critic ...

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Core Viewpoint - Confluent (CFLT) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1]. Earnings Performance - Confluent has a solid track record of surpassing earnings estimates, with an average surprise of 90% over the last two quarters [2]. - In the most recent quarter, Confluent reported earnings of $0.09 per share against an expectation of $0.05, resulting in an 80% surprise. The previous quarter also saw a significant surprise of 100% with actual earnings of $0.10 per share compared to an estimate of $0.05 [3]. Earnings Estimates and Predictions - Recent estimates for Confluent have been revised upward, indicating positive sentiment among analysts. The Zacks Earnings ESP for the company is currently positive, suggesting a strong likelihood of an earnings beat [6]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a historical success rate of nearly 70% in beating consensus estimates [7]. - Confluent's current Earnings ESP stands at +3.70%, reflecting increased analyst optimism regarding its earnings prospects. This, combined with a Zacks Rank of 2 (Buy), indicates a strong possibility of another earnings beat [9]. Earnings Release Information - The next earnings report for Confluent is anticipated to be released on April 30, 2025 [9].

Core Viewpoint - Confluent (CFLT) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The correlation between changes in a company's future earnings potential and its stock price movements is strong, largely due to institutional investors who adjust their valuations based on earnings estimates [3]. - An increase in earnings estimates typically leads to higher fair value for a stock, prompting institutional investors to buy or sell, which in turn affects stock prices [3]. Implications of the Upgrade - The rising earnings estimates and the Zacks rating upgrade for Confluent suggest an improvement in the company's underlying business, which could lead to an increase in stock price as investors respond positively [4]. - The Zacks Rank system effectively utilizes earnings estimate revisions to guide investment decisions, indicating that tracking these revisions can be beneficial [5]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [6]. - The system maintains a balanced distribution of 'buy' and 'sell' ratings across over 4000 stocks, ensuring that only the top 20% receive a 'Strong Buy' or 'Buy' rating [8][9]. Earnings Estimate Revisions for Confluent - For the fiscal year ending December 2025, Confluent is expected to earn $0.35 per share, reflecting a 20.7% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for Confluent has risen by 2.6%, indicating positive sentiment among analysts [7].

Core Insights - Confluent Medical Technologies has launched Ultra Polyimide, the strongest polyimide tubing in the industry, offering nearly double the strength of traditional polyimide [1][2] - The new material allows for thinner walls in medical devices without compromising strength, addressing the evolving needs of device engineers [2] - Ultra Polyimide is manufactured without harmful solvents, ensuring regulatory compliance and enhancing safety for both workers and patients [3] Company Overview - Confluent specializes in the design, development, and large-scale manufacturing of interventional catheter-based devices and implants, with expertise in materials like Nitinol and high-precision polymer tubing [4] - The company operates multiple facilities across the United States and internationally, establishing a strong reputation in the medical device community [4]

Core Viewpoint - Confluent's stock has experienced a significant decline, dropping nearly 13% due to a price target cut by an analyst, despite maintaining a buy recommendation [1][2]. Group 1: Analyst Actions - Truist Securities analyst W. Miller Jump has reduced Confluent's price target from $40 to $35 per share, reflecting a double-digit decrease [2]. - The analyst's downgrade is part of a broader analysis of the infrastructure and security software tech segments [2]. Group 2: Market Sentiment - Investor sentiment in the infrastructure and security software sectors is reportedly worsening due to uncertainties surrounding policy decisions from the current presidential administration [3]. - The trend of downsizing federal departments poses a risk to companies with significant government business, including Confluent [3][5]. Group 3: Company Performance - Confluent's stock reached a year-to-date peak in mid-February following the release of its fourth-quarter and full-year 2024 results, showcasing a 23% year-over-year revenue increase to $262 million [4]. - The company announced two business collaborations, which were positively received by investors [4].

Group 1: Reddit Overview - Reddit is a unique social media platform that organizes content into subreddits, providing users with valuable information [2] - The platform has seen significant growth, with daily active unique users increasing by 39% year over year to 101.7 million and revenue rising by 71% to $427.7 million in Q4 2024 [3] - Reddit generates revenue primarily through advertising and partnerships with AI companies, with plans to introduce paywalls for certain content [4] Group 2: Financial Performance of Reddit - Reddit is currently profitable, achieving a GAAP operating margin of approximately 12% and a gross margin of 93% in Q4 2024 [5] - The company reported $215.8 million in free cash flow last year, benefiting from an asset-light business model that relies on third-party cloud services [5] - Despite being valued at nearly $21 billion, Reddit's stock has declined over 40% from its all-time high, presenting a potential opportunity for long-term investors [6] Group 3: Confluent Overview - Confluent addresses the complexities of connecting applications in large enterprises, leveraging Apache Kafka as a solution [7][8] - The company has built proprietary features on top of Kafka, serving around 5,800 customers, including nearly 1,400 that spend over $100,000 annually [9] Group 4: Financial Performance of Confluent - Confluent's total revenue grew by 23% to $261.2 million, with cloud revenue increasing by 38% year over year in Q4 [10] - Although Confluent is not yet GAAP profitable, it is generating positive free cash flow, indicating progress towards profitability [11] - The stock has decreased by approximately 70% since its peak in late 2021, but strong revenue growth positions it as a long-term buy for growth investors [11]

Core Viewpoint - Confluent (CFLT) has launched Tableflow, a feature in Confluent Cloud that simplifies the integration of real-time operational data with analytical systems, enhancing data accessibility and enabling advanced analytics and AI applications [1][2]. Product Development and Innovations - Tableflow allows users to access streaming data in popular open table formats, facilitating seamless integration of Apache Kafka topics as Apache Iceberg tables for both real-time and batch processing [3]. - Confluent has expanded its partnership with Databricks to enhance real-time data processing capabilities and became the first data streaming platform available on Jio Cloud Services, promoting real-time data streaming solutions in India [7][8]. - The introduction of the "Easy Button" feature enables users to generate vector embeddings instantly, simplifying real-time AI workflows [8]. - In December 2024, Confluent launched a platform for Apache Flink, emphasizing its commitment to advanced real-time data processing tools [9]. Financial Performance and Guidance - Confluent's share price has decreased by 14.9% over the past year, underperforming the broader Zacks Computer & Technology sector's growth of 4.3% and the Zacks Internet - Software industry's return of 2.7% [4]. - For Q1 fiscal 2025, Confluent projects revenues between $253 million and $254 million, with a Zacks Consensus Estimate of $265.08 million, indicating a 22.02% year-over-year increase [10]. - For fiscal 2025, projected revenues are between $1.117 billion and $1.121 billion, with a Zacks Consensus Estimate of $1.16 billion, suggesting a 20.52% increase from the previous year [11].

Core Viewpoint - Confluent's stock is experiencing a significant decline due to insider selling by CEO Jay Kreps, which is perceived negatively by investors [1][2][3] Group 1: Stock Performance - Confluent's share price fell by 7.9% as of 2:30 p.m. ET, with a peak decline of 11% earlier in the trading session [1] - Following the insider selling disclosure, Confluent's stock is down approximately 4% for the year 2025 [3] Group 2: Insider Selling - CEO Jay Kreps plans to sell 465,000 shares of common stock, valued at around $14.97 million [2] - Prior to this planned sale, Kreps had sold 232,500 shares over the last three months [2] Group 3: Financial Guidance - Confluent is projecting sales between $1.117 billion and $1.121 billion for the year, indicating an annual growth of about 16% at the midpoint [4] - The company anticipates non-GAAP adjusted earnings per share of approximately $0.35, suggesting a growth of around 21% [4] Group 4: Future Outlook - Despite recent stock volatility, Confluent's business is expected to maintain solid momentum this year [4] - A new partnership and software integration with Databricks may provide significant long-term growth opportunities for the company [4]

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