CFLT - Confluent Shares Surge On Q4 Earnings: The Details | Benzinga
Confluent Inc (NASDAQ:CFLT) shares are trading higher in Wednesday’s after-hours session on the heels of the company’s fourth-quarter results. Here’s a rundown of the report.
- Q4 Revenue: $213.18 million, beat estimates of $205.26 million
- Q4 Adjusted EPS: 9 cents, beat estimates of 5 cents
Total revenues were up 26% year-over-year in the fourth quarter. Subscription revenues were up 31% and Confluent cloud revenues were up 46%. Confluent said it ended the quarter with 1,229 customers with $100,000 or greater in annual recurring revenue. ...