Confluent, Inc. Stock Price, News & Analysis

Confluent (NASDAQ: CFLT), the data streaming pioneer, has announced that its management will be presenting at the upcoming Morgan Stanley Technology, Media & Telecom Conference. The presentation is scheduled for Wednesday, March 5, 2025, at 10:45 a.m. PT / 1:45 p.m. ET.

Investors and interested parties can access both a live webcast and a replay of the presentation through Confluent's investor relations website at investors.confluent.io. This conference provides an opportunity for Confluent's management to share insights about the company's operations, strategy, and future outlook with the investment community.

Confluent (NASDAQ: CFLT) has announced its upcoming Investor Day 2025, scheduled for Thursday, March 6, 2025 at 1:00 p.m. PT / 4:00 p.m. ET. The event will be accessible via webcast at investors.confluent.io.

During the presentation, management will provide comprehensive insights into the company's vision and strategy, data streaming platform, go-to-market approach, and financial performance. A replay of the webcast will be available after the event.

For those interested in attending in person in San Francisco, registration information can be obtained by contacting Confluent's investor relations team at investors@confluent.io.

Confluent (NASDAQ:CFLT) has announced a strategic partnership with Jio Platforms for Jio Cloud Services, marking a significant advancement in India's digital capabilities. Through this agreement, Confluent Cloud will become the first data streaming platform available on Jio Cloud Services, while Confluent Platform will be offered as a managed service for India's consumers, enterprises, and public sector.

According to the 2024 Data Streaming Report, 94% of IT leaders in India believe data streaming platforms accelerate product launches, while 95% see them as catalysts for AI innovation. The partnership aims to deliver streaming, connecting, processing, and governing data capabilities, focusing on real-time and GenAI use cases.

Confluent (NASDAQ:CFLT) and Databricks announced a major partnership expansion to integrate their data streaming and intelligence platforms, enabling real-time AI-driven decision-making for enterprises. The partnership addresses a critical challenge where only 22% of enterprises feel confident their IT infrastructure can support new AI applications.

The collaboration introduces new integrations between Confluent's Tableflow and Databricks' Unity Catalog, providing bidirectional integration with Delta Lake. This integration ensures consistent, real-time data governance across operational and analytical systems. Delta Lake, processing over 10 exabytes of data daily, will now be more accessible through Tableflow, allowing enterprises to use various AI tools and engines.

The partnership enables automated metadata application, making operational data discoverable for data scientists while ensuring analytical data remains accessible for developers. Confluent's Stream Governance suite will enhance governance, lineage tracking, and data quality monitoring in Unity Catalog.

Confluent (CFLT) reported strong Q4 2024 results with subscription revenue reaching $251 million, up 24% year over year, while Confluent Cloud revenue grew 38% to $138 million. For fiscal year 2024, subscription revenue increased 26% to $922 million, with Cloud revenue up 41% to $492 million.

The company achieved significant financial improvements, including a non-GAAP operating income of $13.6 million in Q4 and $27.5 million for FY2024. Free cash flow margin expanded to 11.1% in Q4, up from 3.2% year over year. The company maintains 1,381 customers with $100,000+ in ARR, representing 12% growth.

Looking ahead to FY2025, Confluent projects subscription revenue between $1.117-$1.121 billion and expects a non-GAAP operating margin of approximately 6%, with non-GAAP net income per diluted share of around $0.35.

Confluent (NASDAQ: CFLT) has announced it will release its fourth quarter and fiscal year 2024 financial results on Tuesday, February 11, 2025, after U.S. market close. The company will host a live video webcast at 1:30 p.m. PT / 4:30 p.m. ET to discuss the results.

Earnings press release and supplemental materials will be available on the company's investor relations website before the webcast. A replay will be accessible on the same platform after the event concludes.

Confluent (NASDAQ:CFLT) has announced the general availability of Confluent Platform for Apache Flink®, enhancing enterprise-level security and management capabilities for on-premises Apache Flink workloads. The platform introduces Confluent Manager for Apache Flink (CMF), providing simplified deployment, updating, and scaling in Kubernetes environments.

The platform offers streamlined lifecycle management, integrated security controls, and consolidated Flink and Kafka support. A Fortune 50 telecom customer has already achieved significant cost savings and reduced churn using the platform. Additionally, Confluent announced WarpStream Orbit, facilitating easier migration to WarpStream's 'Bring Your Own Cloud' deployment model, simplifying the transition from open source Kafka to WarpStream clusters.

Oscilar has launched its Cognitive Identity Intelligence Platform to combat AI-powered fraud, which is projected to cause $40 billion in losses by 2027. The platform analyzes thousands of digital markers to create unique cognitive signatures that are reportedly impossible to replicate, even with advanced AI tools. Led by former Confluent co-founder Neha Narkhede, the solution features advanced polymorphic code, dynamic execution paths, and real-time processing capable of handling over 100,000 transactions per second. The platform is already being utilized by several financial institutions, including Happy Money and Curve, demonstrating improvements in fraud prevention while maintaining user experience.

Confluent (NASDAQ: CFLT), a pioneer in data streaming, announced its participation in three upcoming investor conferences.

RBC Global Technology, Internet, Media and Telecommunications Conference: Scheduled for Tuesday, November 19, 2024, at 5:00 a.m. PT / 8:00 a.m. ET.

Wells Fargo 8th Annual TMT Summit: Scheduled for Wednesday, December 4, 2024, at 11:00 a.m. PT / 2:00 p.m. ET.

Barclays Global Technology Conference: Scheduled for Thursday, December 12, 2024, at 11:00 a.m. PT / 2:00 p.m. ET.

A live webcast and a replay of each presentation will be accessible on Confluent’s investor relations website at investors.confluent.io.