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Confluent's Q4 Non-GAAP Net Income Is Unchanged, Revenue Rises; Shares Jump After Hours
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Confluent's Q4 Non-GAAP Net Income Is Unchanged, Revenue Rises; Shares Jump After Hours
Feb 11, 2025 1:43 PM

04:21 PM EST, 02/11/2025 (MT Newswires) -- Confluent (CFLT) reported Q4 non-GAAP net income late Tuesday of $0.09 per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected $0.06.

Revenue in the three months ended Dec. 31 rose to $261.2 million from $213.2 million a year earlier.

Analysts surveyed by FactSet expected $257 million.

The company expects Q1 non-GAAP net income of $0.06 to $0.07 a share. Analysts surveyed by FactSet expect $0.06.

In 2025, the company expects non-GAAP net income of around $0.35 a share. Analysts polled by FactSet expect $0.35.

The company expects subscription revenue of $253 to $254 million in Q1 and $1.12 billion to $1.12 billion in 2025. Analysts polled by FactSet expect $252.6 million in Q1 and $1.12 billion in 2025.

The company's shares jumped 16% in recent after-hours activity.

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