Confluent Q3 2024 Adj. EPS $0.10 Beats $0.05 Estimate, Sales $250.199M Beat $244.768M Estimate
Portfolio Pulse from Benzinga Newsdesk
Confluent (NASDAQ:CFLT) reported Q3 2024 earnings of $0.10 per share, surpassing the $0.05 estimate, and sales of $250.199M, exceeding the $244.768M estimate. This marks a 24.99% increase in sales from the previous year.
October 30, 2024 | 8:40 pm
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Confluent's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.10 and sales at $250.199M, marking a significant year-over-year sales increase.
Confluent's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year sales growth further supports a positive outlook for the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100