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Confluent (CFLT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
CFLTConfluent(CFLT) Zacks Investment Research·2024-05-07 22:31

Confluent (CFLT) reported 217.24millioninrevenueforthequarterendedMarch2024,representingayearoveryearincreaseof24.6217.24 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 24.6%. EPS of 0.05 for the same period compares to -0.09ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.09 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 211.57 million, representing a surprise of +2.68%. The company delivered an EPS surprise of +150.00%, with the consensus EPS estimate being $0.02.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...