In a regulatory filing yesterday, Confluent issued its preliminary outlook for its first quarter of 2023, and updated the preliminary outlook for fiscal year 2023, which it initially provided on November 2, 2022 during its earnings call for the third quarter of 2022. The company sees FY23 revenue of $760M-$765M, consensus $765.74M. The company expects to exit the fourth quarter of 2023 with breakeven non-GAAP operating margin, the filing noted.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on CFLT: