
Confluent Inc. reported its first-quarter earnings with adjusted earnings per share (EPS) of $0.08, surpassing the consensus estimate of $0.07. The company's revenue for the quarter reached $271.1 million, exceeding the estimated $264.62 million and representing a 25% year-over-year increase. Confluent Cloud revenue grew 34% year-over-year to $143 million. Subscription revenue rose 26% to $261 million, and the non-GAAP operating margin improved by six percentage points to 4%. The company added 340 new customers in the quarter, marking its highest customer additions to date. For the second quarter, Confluent guided adjusted EPS between $0.08 and $0.09, in line with estimates, while revenue guidance was below consensus. The full-year 2025 guidance for EPS and revenue is expected to be in line with market expectations. Despite the positive earnings beat, Confluent's stock declined 4.66% in post-market trading.
Key Takeaways from $CFLT's Earnings Call - Q1 subscription revenue grew 26% to $261 million, with Confluent Cloud revenue growing 34% to $143 million and non-GAAP operating margin improving 6 percentage points to 4%. - The company added 340 new customers in Q1, their highest https://t.co/a6n2VUjjJJ
$CFLT | Post Market: -4.66% | ššØš§šš„š®šš§š šš ššš«š§š¢š§š š¬ ššš©šØš«š: Revenue: $271.1M (ā 25% YoY) | GAAP EPS: ($0.20) | Adjusted EPS: $0.08 š šš®š¬š¢š§šš¬š¬ šš¢š š”š„š¢š š”šš¬: ā¤ ššØš§šš„š®šš§š šš„šØš®š š«ššÆšš§š®š grew šš% YoY to $143 million. https://t.co/JiaKaPkZay
$CFLT Confluent Sees Q2 Adj EPS $0.08-$0.09 vs $0.08 Est
