Shares of Confluent rose in overnight trading after the data streaming platform said it entered into two new partnerships and released fourth quarter results.

The stock rose 13% to $34 in overnight trading after ending the market session down 4.3% at $30.10. Shares are up 11% in the past month.

Confluent said after the close that it had entered into a strategic partnership with Jio Platforms Limited. The agreement will position Confluent as the first data streaming platform available as a managed service for consumers and enterprises in India on Jio Cloud Services, which provides data backup, file transfer, and other services.

Mountain View, Calif.-based Confluent also said it expanded its partnership with Databricks, bringing together its complete DataStreaming Platform and Databricks' Data Intelligence Platform. New integrations between Confluent's Tableflow and Databricks Unity Catalog will govern data across operational and analytical systems, and allow businesses to build AI applications more efficiently, the company said.

For the fourth quarter, Confluent reported a loss per share of 27 cents on revenue of $261.2 million. Analysts were expecting a loss per share of 24 cents on revenue of $257 million, according to FactSet.

On an adjusted basis the company reported earning per share of 9 cents. That topped the 6 cents analysts expected, according to FactSet.