Confluent Inc (NASDAQ:CFLT) shares are trading higher in Wednesday’s after-hours session on the heels of the company’s fourth-quarter results. Here’s a rundown of the report.
Q4 Revenue: $213.18 million, beat estimates of $205.26 million
Q4 Adjusted EPS: 9 cents, beat estimates of 5 cents
Total revenues were up 26% year-over-year in the fourth quarter. Subscription revenues were up 31% and Confluent cloud revenues were up 46%. Confluent said it ended the quarter with 1,229 customers with $100,000 or greater in annual recurring revenue. …
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