Confluent (CFLT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
CFLTConfluent(CFLT) Zacks Investment Research·2024-05-08 06:31

Confluent (CFLT) reported 217.24millioninrevenueforthequarterendedMarch2024,representingayear−over−yearincreaseof24.6217.24 million in revenue for the quarter ended March 2024, representing a year- over-year increase of 24.6%. EPS of 0.05 for the same period compares to -0.09ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.09 a year ago. The reported revenue compares to the Zacks Consensus Estimate of 211.57 million, representing a surprise of +2.68%. The company delivered an EPS surprise of +150.00%, with the consensus EPS estimate being $0.02. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...