Confluent Provides Earnings Guidance for the Second Quarter and Year 2024
May 07, 2024 at 09:03 pm
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Confluent provided earnings guidance for he second quarter and year 2024. For the second quarter of 2024, the company expects total revenue between $229 million and $230 million.
For fiscal year 2024, the company expects total revenue of approximately $957 million.
Confluent, Inc. provides a data streaming platform. The Company is engaged in designing data infrastructure to connect the applications, systems and data layers around a real-time central nervous system. The Company is focused on developing a category of data infrastructure focused on data in motion for developers and enterprises. It enables enterprises to deliver customer experiences for their business functions, departments, teams, applications, and data stores to have complete connectivity. It is designed to have real-time data from multiple sources constantly streamed across an enterprise for real-time analysis. Its offering enables organizations to deploy production-ready applications that run across cloud infrastructures and data centers, with features for security and compliance. Its platform provides the capabilities to fill the structural, operational and engineering gaps in businesses. It enables software developers to build their applications to connect data in motion.
CONFLUENT, INC. 
