Confluent reports preliminary Q4 EPS (9c), consensus (15c)

In a regulatory filing yesterday, Confluent announced preliminary unaudited financial and other results for its fourth quarter of 2022. The company reported preliminary Q4 revenue of $168.7M, consensus $165.52M. "The company also expects to report the following preliminary results for its key metrics as of December 31, 2022: Remaining performance obligations grew 48% year over year to $740.7M, of which 62% is expected to be recognized as revenue over the next 12 months; Customers with $100,000 or greater in annual recurring revenue – ARR – grew 35% year over year to 991, 133 of which had $1,000,000 or greater in ARR, up 51% year over year; Dollar-based net retention rate of just under 130%. As previously announced, the company is scheduled to release financial results for its fourth quarter and fiscal year 2022, which ended December 31, 2022, and will host a live video webcast to discuss the results, after the U.S. market close on Monday, January 30," the filing stated.