CFLT / Why Confluent Stock Is Sinking Today

Fear of weakening sales growth has investors running away. That could be a mistake. more_horizontal

Confluent beat expectations in the third quarter but offered weak forward revenue guidance. This was the first quarter Confluent has achieved positive more_horizontal

Confluent (NASDAQ: CFLT ) stock is falling on Thursday after the company provided investors with a guidance update in its latest earnings report. The more_horizontal

While the top- and bottom-line numbers for Confluent (CFLT) give a sense of how the business performed in the quarter ended September 2023, it could b more_horizontal

Confluent (CFLT) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares more_horizontal

DigitalOcean rolled out its own managed Kafka service last month at a steep discount to Confluent's cloud offering. While DigitalOcean primarily serve more_horizontal

Confluent's data streaming technology for real-time data processing is becoming an essential service for businesses. MongoDb's NoSQL database manageme more_horizontal

Data streaming platform Confluent has announced its new initiative called Data Streaming for AI, aiming to simplify and accelerate organizations' d more_horizontal