Confluent Inc (CFLT) PT Raised to $40 at JMP Securities

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Confluent Announces First Quarter 2024 Financial Results

May 7, 2024 4:03 PM EDT

First quarter total revenue of $217 million, up 25% year over year First quarter subscription revenue of $207 million, up 29% year over year First quarter Confluent Cloud revenue of $107 million, up 45% year over year 1,260 customers with $100,000 or greater in ARR, up 17% year over year

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, today announced financial results for its first quarter of 2024, ended March 31, 2024.

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