Confluent Posts Higher Q2 Results; Issues Q3 Guidance

MT Newswires Live
07/31

Confluent (CFLT) reported Q2 non-GAAP net income late Wednesday of $0.09 per diluted share, up from $0.06 a year earlier.

Analysts polled by FactSet expected $0.08.

Revenue for the quarter ended June 30 was $282.3 million, up from $235.0 million a year earlier. Analysts surveyed by FactSet expected $278.4 million.

For Q3, the company expects non-GAAP net income of $0.09 to $0.10 per share. Analysts expected $0.10.

For 2025, Confluent still expects adjusted EPS of about $0.36. Analysts expected $0.37.

Shares of the firm were down about 26% in after-hours activity.

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