Confluent Announces Fourth Quarter and Fiscal Year 2023 Financial Results
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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
