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Confluent reports Q3 adjusted EPS 13c, consensus 10c

Reports Q3 revenue $298.5M, consensus $292.89M. “Confluent (CFLT) delivered a strong quarter, with 24% year-over-year growth in Confluent Cloud revenue and 43% year-over-year growth acceleration in remaining performance obligations, reflecting strong consumption growth and the deepening commitment of our customers,” said Jay Kreps, co-founder and CEO, Confluent. “We’re also seeing accelerating adoption of the DSP components of our platform, particularly Flink. This foundation uniquely positions Confluent to provide the real-time context AI systems need.”

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