Confluent Expects Q2 Total Revenue Of $229M-$230M (Est $229.25M), Adj EPS Of $0.04-$0.05 (Est $0.04)
Portfolio Pulse from Benzinga Newsdesk
Confluent projects its Q2 total revenue to be between $229M-$230M, aligning closely with the estimated $229.25M. Additionally, the company anticipates an adjusted EPS of $0.04-$0.05, which is in line with the estimated $0.04.
May 07, 2024 | 8:39 pm
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Confluent expects Q2 revenue of $229M-$230M and an adjusted EPS of $0.04-$0.05, closely aligning with analyst estimates.
Confluent's guidance for Q2 revenue and adjusted EPS closely matches analyst estimates, indicating a positive outlook and potential investor confidence. This alignment suggests a stable financial performance, likely leading to a positive short-term impact on CFLT's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100