Confluent, Inc. (CFLT) Tops Q4 EPS by 4c, offers outlook

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Go back to Confluent, Inc. (CFLT) Tops Q4 EPS by 4c, offers outlook

Confluent (CFLT) stock surges 25% on strong 2024 guidance; Analysts bullish

February 7, 2024 4:34 PM EST

(Updated - February 8, 2024 6:00 AM EST)

Confluents (NASDAQ: CFLT) shares surged more than 25% in early New York trading Thursday following the companys better-than-expected Q4 results and an upbeat guidance.

Earnings per share (EPS) stood at $0.09, surpassing analyst expectations of $0.05. The company's revenue for the quarter was $213 million, also ahead of the consensus estimate of $205.35 million.

Confluent closed fiscal year 2023 on a high note, delivering our first $100 million quarter in Confluent... More