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Confluent's $1 billion subscription revenue milestone and 800% free cash flow growth are impressive. Check out why I'm neutral on CFLT stock.
Artificial intelligence software maker Confluent is putting up amazing growth numbers. That includes a 400% surge in earnings last quarter on a 25% rise in revenue, the latest in a string of ...
Confluent Cloud, which is the cloud-based service for Confluent, grew 245% in Q3 and we can see that it's a pretty small amount compared to total revenue.
Conclusion Confluent has executed well this quarter although the overall software industry was relatively weaker as it showed more resilient consumption numbers.
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although software-as-a-service business Salesforce.com lost money for years while it grew ...
However, Confluent has shown significant positive signs, such as doubling its new logo growth compared to the previous quarter and adding a record number of customers over two years.
Mizuho lowered the firm’s price target on Confluent (CFLT) to $30 from $38 and keeps an Outperform rating on the shares as part of a Q1 preview for the large-cap software group.
The maker of identity management software plans to acquire Web services management start-up Confluent Software, accelerating consolidation in the marketplace.
Data streaming platform developer Confluent launched the Confluent Connect partner program for technology ISV partners.
Oblix Inc., a maker of software for managing user identities on corporate networks, said Wednesday that it is expanding into the Web services arena, acquiring Confluent Software Inc. for an ...
With Confluent, organizations can meet the new business imperative of delivering rich, digital front-end customer experiences and transitioning to sophisticated, real-time, software-driven backend ...
Confluent’s new partner program helps partners migrate customers off the open-source Kafka software and onto the Confluent data streaming platform.
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