NasdaqGS:CFLTSoftware
Confluent Guidance Upgrade Highlights Subscription Growth And Valuation Premium
Confluent, NasdaqGS:CFLT, reports resilient business performance and continued subscription revenue growth.
The company highlights an expanding partner ecosystem and raises guidance for the next quarter.
Management points to stronger fundamentals and increased confidence in long term growth opportunities.
Confluent, trading at $30.33, is leaning heavily on its subscription driven model and partner network to reinforce its position in data streaming. The stock has returned 3.3% over the past...