Confluent: Q1 Earnings Insights - Confluent (NASDAQ:CFLT)

Confluent CFLT reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:03 PM.

Here's what investors need to know about the announcement.

Confluent beat estimated earnings by 35.71%, reporting an EPS of $-0.09 versus an estimate of $-0.14.

Revenue was up $48.16 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 0.3% increase in the share price the next day.

Here's a look at Confluent's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.14	-0.17	-0.19	-0.21
EPS Actual	-0.09	-0.13	-0.16	-0.19
Revenue Estimate	164.50M	144.81M	131.86M	118.51M
Revenue Actual	168.67M	151.73M	139.41M	126.14M

To track all earnings releases for Confluent visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.