05:25 AM EDT, 10/28/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)
Confluent's (CFLT) shares were up 9.4% in recent premarket activity Tuesday after the company reported an increase in Q3 adjusted earnings and sales overnight that beat market expectations.
The company reported Q3 adjusted earnings late Monday of $0.13 per diluted share, up from $0.10 a year earlier.
Analysts polled by FactSet expected $0.10.
Revenue for the three months ended Sept. 30 was $298.5 million, up from $250.2 million a year earlier.
Analysts surveyed by FactSet expected $292.9 million.
The company expects Q4 adjusted EPS of $0.09 to $0.10 and subscription revenue of $295.5 million to $296.5 million. Analysts expect $0.09 and $293.5 million, respectively.
For 2025, it expects adjusted EPS of $0.39 to $0.40. Analysts expect $0.36.