Confluent Q4 2023 Adj EPS $0.09 Beats $0.05 Estimate, Sales $213.18M Beat $205.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
Confluent (NASDAQ:CFLT) reported Q4 2023 earnings of $0.09 per share, surpassing the $0.05 estimate, marking a 200% increase from the previous year. Sales reached $213.18M, exceeding the $205.26M estimate, a 26.39% year-over-year increase.
February 07, 2024 | 9:07 pm
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Confluent reported a significant beat on both earnings per share and sales for Q4 2023, with EPS at $0.09 against a $0.05 estimate and sales of $213.18M against a $205.26M estimate.
Confluent's substantial beat on both earnings and sales estimates for Q4 2023 indicates strong financial health and operational efficiency, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
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IMPORTANCE 90
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