Confluent, Inc. (CFLT) shares surged 13.12% in after-hours trading on Tuesday, following the company's strong fourth-quarter earnings report and key partnership announcements.
The data streaming platform provider reported Q4 adjusted earnings per share of $0.09, surpassing analysts' expectations of $0.06. Confluent's revenue grew 22.5% year-over-year to $261.2 million, also beating estimates of $256.8 million. The company provided upbeat guidance for the first quarter and full-year 2025, forecasting subscription revenue growth and sustained profitability.
Beyond the solid financial results, Confluent announced major partnerships with Databricks and Jio Platforms Limited, which likely fueled investor enthusiasm. The collaboration with Databricks aims to integrate Confluent's data streaming platform with Databricks' Data Intelligence Platform, enabling enterprises to leverage real-time data for AI-driven decision-making. Additionally, the strategic agreement with Jio Platforms will make Confluent's platform available on Jio Cloud Services, expanding its reach in the rapidly growing Indian market.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。