CFLT News and Press, Confluent Inc. From 05/03/23

First quarter revenue of $174 million, up 38% year over year First quarter Confluent Cloud revenue of $74 million, up 89% year over year Remaining performance obligations of $743 million, up 35% year over year 1,075 customers with $100,000 or greater in ARR, up 34% year over year (1...

2023-04-26 08:32:48 ET SAI.TECH Global  ( SAI ) +25% . IN8bio ( INAB ) +23% . Wabash National ( WNC ) +16% Q1 earnings call release PacWest Bancorp ( PACW ) +15% stock jumps 14% after hours as Q1 earnings top estimates, deposits stabilize. ...

2023-04-25 06:10:00 ET Shares of Confluent (NASDAQ: CFLT) lost 28% of their value in the past year amid the broader stock market sell-off, and the bad news is that the data streaming platform provider is underperforming in 2023 as well. Confluent's stock gained just 10% so ...

2023-04-23 13:48:12 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips While the segment presents obvious risks, investors seeking to maximize their upside potential should consider targeting the best tech startups to watch. Aligned with some of the most innovativ...

2023-04-21 12:26:07 ET Summary Confluent is a leader in providing commercial-grade solutions based on the Kafka open-source project. Basically, Kafka is a foundation technology for what is called stream processing. Stream processing is one of the foundation technologies that a...

2023-04-19 16:19:28 ET Summary Confluent, Inc. puts companies' data at the center of their decision process. Confluent takes ''always-on'' data and provides insights to its users. Confluent's growth rates are strong, that's not the main issue here. The problem for investors is...

2023-04-12 12:38:11 ET Shares of Confluent (NASDAQ: CFLT) were trading higher on Wednesday, jumping as much as 9.9% in early trading. As of 10:56 a.m. ET, the shares were still up 5%. While the broader market move provided additional momentum, the cloud-based data streaming ...

2023-04-12 10:10:00 ET Technology stocks are showing signs of recovery in 2023 amid cooling inflation, a new growth catalyst in the form of artificial intelligence (AI), and a reduction in the pace of interest rate hikes by the Federal Reserve. These factors have sent the Nasdaq-100 ind...

2023-04-07 05:45:00 ET Confluent (NASDAQ: CFLT) and Snowflake (NYSE: SNOW) both help companies break down silos and organize large amounts of data. Confluent's cloud-based platform processes and analyzes "data in motion" as it streams between applications. Snowflake pulls da...

2023-04-07 05:10:00 ET Most tech investors probably recognize Confluent (NASDAQ: CFLT) as the former cloud software division of LinkedIn that was spun off into a new company in 2014. It went public in June 2021, then more than doubled from its IPO price at the peak of the buying fre...