(Updates with the latest stock price movement in the headline and the first paragraph.)

Confluent's (CFLT) shares were up 9.4% in recent premarket activity Tuesday after the company reported an increase in Q3 adjusted earnings and sales overnight that beat market expectations.

The company reported Q3 adjusted earnings late Monday of $0.13 per diluted share, up from $0.10 a year earlier.

Analysts polled by FactSet expected $0.10.

Revenue for the three months ended Sept. 30 was $298.5 million, up from $250.2 million a year earlier.

Analysts surveyed by FactSet expected $292.9 million.

The company expects Q4 adjusted EPS of $0.09 to $0.10 and subscription revenue of $295.5 million to $296.5 million. Analysts expect $0.09 and $293.5 million, respectively.

For 2025, it expects adjusted EPS of $0.39 to $0.40. Analysts expect $0.36.