CFLT News and Press, Confluent Inc. From 05/16/23

Data Quality Rules, part of the first fully managed governance solution for Apache Kafka, helps teams enforce data integrity and quickly resolve data quality issues Confluent announces Custom Connectors and Stream Sharing, making connecting custom applications and sharing real-time data i...

2023-05-12 05:31:00 ET Shares of data streaming platform provider Confluent (NASDAQ: CFLT) have underperformed the stock market in 2023, failing to take advantage of the rally in technology stocks. While the tech-heavy Nasdaq-100 Technology Sector index is up more than 16% so fa...

2023-05-10 06:09:00 ET The technology sector has a history of outperforming the rest of the stock market. Over the last five years -- amid the pandemic, supply chain issues, war in Europe, and a weak economy -- the Nasdaq-100 tech index has delivered a total return of 90%. That's signif...

2023-05-08 08:14:50 ET Snowflake ( NYSE: SNOW ) shares rose more than 3.5% in pre-market trading on Monday as investment firm Stifel upgraded the data warehousing company on hopes that recent commentary from other cloud computing companies may signal an end to the slowdown. ...

2023-05-05 13:42:00 ET Summary During the quarter, I gave too much credence to top down and macro data which led me to overmanage our net exposure. Sonos began as one of the largest longs at my last shop. We entered the position in September 2020 and exited the majority of the pos...

2023-05-04 11:54:39 ET Shares of Confluent (NASDAQ: CFLT) , a data streaming company, were rising fast today after the company reported better-than-expected results for its first quarter and issued strong guidance for the full year. The tech stock was up by 12.7% as of...

2023-05-03 22:30:29 ET Image source: The Motley Fool. Confluent (NASDAQ: CFLT) Q1 2023 Earnings Call May 03, 2023 , 4:30 p.m. ET Shane Xie Continue reading For further details see: Confluent (CFLT) Q1 2023 Earnings Call Transcript

2023-05-03 21:33:05 ET Confluent, Inc. (CFLT) Q1 2023 Earnings Conference Call May 03, 2023, 04:30 PM ET Company Participants Shane Xie - Investor Relations Jay Kreps - Co-Founder and Chief Executive Officer Steffan Tomlinson - Chief Financial Officer Confe...

2023-05-03 16:14:13 ET Confluent press release ( NASDAQ: CFLT ): Q1 Non-GAAP EPS of -$0.09 beats by $0.05 . Revenue of $174.3M (+38.2% Y/Y) beats by $6.91M . First quarter Confluent Cloud revenue of $74 million, up 89% year over year Remaining performance o...

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...