Confluent Inc (CFLT) Q3 2024 Earnings Call Highlights: Surpassing $1 Billion Revenue Run Rate ... [Yahoo! Finance Canada]
Confluent, Inc. - Class A (CFLT)
Company Research
Source: Yahoo! Finance Canada
Subscription Revenue: Increased 27% to $239.9 million, representing 96% of total revenue. Confluent Cloud Revenue: Grew 42% to $129.8 million, accounting for 54% of subscription revenue. Confluent Platform Revenue: Grew 13% to $110.1 million, accounting for 46% of subscription revenue. Non-GAAP Operating Margin: Expanded approximately 12 percentage points to 6.3%. Free Cash Flow Margin: Reached a record 3.7%, expanding 10 percentage points. Net Income Per Share: $0.10 for Q3. Subscription Gross Margin: Reached a record 82.2%, up 210 basis points. Total Gross Margin: Reached a record high of 79%. Customer Count: Approximately 5,680, with a sequential add of 240 customers. Customers with $100,000+ ARR: Total of 1,346, with 40 new additions. Customers with $1 million+ ARR: Total of 184, with 7 new additions. Net Revenue Retention (NRR): Geographic Revenue: US revenue grew 28% to $152.4 million; international revenue grew 21% to $97.8 million. Cash and Equivalen
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CFLT
News
- Confluent, Inc. (NASDAQ: CFLT) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $31.00 price target on the stock.MarketBeat
- Oscilar Launches Revolutionary Device and Behavioral Intelligence Solution to Combat AI-Powered FraudPR Newswire
- Confluent to Present at Upcoming Investor ConferencesBusiness Wire
- Confluent (CFLT) Crossed Above the 200-Day Moving Average: What That Means for Investors [Yahoo! Finance]Yahoo! Finance
- Confluent, Inc. (NASDAQ: CFLT) had its price target raised by analysts at Scotiabank from $25.00 to $27.00. They now have a "sector perform" rating on the stock.MarketBeat
CFLT
Earnings
- 10/30/24 - Beat
CFLT
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- CFLT's page on the SEC website