tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Confluent sees FY24/FY25 interest income roughly $60M-$65M

Says Q1 to be lowest in FCF seasonality due to annual corporate bonus payout and ESPP settlement. Sees total revenue mix of about 44%-48% in 1H23 and 52%-56% in 2H23 with Q1 being the seasonally weakest and Q4 the seasonlity strongest quarters. Says targeting mid-term gross margin 72%-75%, long term 75%+. Says targeting operating margin mid-term 5%-10%, long-term 25%+. Guidance taken from Investor Day presentation slides.

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 today’s best-performing stocks on TipRanks >>

Read More on CFLT:

Disclaimer & DisclosureReport an Issue

1