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

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

Confluent Announces Fourth Quarter and Fiscal Year 2023 Financial Results

February 7, 2024 4:03 PM EST

Fourth quarter total revenue of $213 million, up 26% year over year; fiscal year 2023 total revenue of $777 million, up 33% year over year Fourth quarter subscription revenue of $203 million, up 31% year over year; fiscal year 2023 subscription revenue of $729 million, up 36% year over year Fourth quarter Confluent Cloud revenue of $100 million, up 46% year over year; fiscal year 2023 Confluent Cloud revenue of $349 million, up 65% year over year 1,229 customers with $100,000 or greater in ARR, up 21% year over year

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Confluent, Inc. (NASDAQ: CFLT), the data... More