As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at data infrastructure stocks, starting with Confluent (NASDAQ:CFLT).
From commerce to culture, software is digitizing every aspect of our lives. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier,
but they have weighed on the returns lately as the industry has pulled back by 10.2% over the past six months. This drawdown was worse than the S&P 500’s 2.2% decline.
Data infrastructure software company, Confluent (NASDAQ:CFLT) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 24.8% year on year to $271.1 million. On the other hand, next quarter’s revenue guidance of $267.5 million was less impressive, coming in 3.8% below analysts’ estimates. Its non-GAAP profit of $0.08 per share was 16.5% above analysts’ consensus estimates.
Growth boosts valuation multiples, but it doesn’t always last forever.
Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.
Shares of data infrastructure software company, Confluent (NASDAQ:CFLT)
fell 18% in the afternoon session after the company reported weak first quarter 2025 results: its full-year revenue guidance missed significantly and its revenue guidance for next quarter fell short of Wall Street's estimates.
As the regular session of the US market on Wednesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Data infrastructure software company, Confluent (NASDAQ:CFLT) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 24.8% year on year to $271.1 million. On the other hand, next quarter’s revenue guidance of $267.5 million was less impressive, coming in 3.9% below analysts’ estimates. Its non-GAAP profit of $0.08 per share was 18.3% above analysts’ consensus estimates.
Data infrastructure software company, Confluent (NASDAQ:CFLT)
will be announcing earnings results tomorrow after the bell. Here’s what you need to know.
A number of stocks jumped in the afternoon session after stocks extended their rebound, led by strong gains in the technology sector, as renewed optimism surrounding U.S.–China trade negotiations lifted investor sentiment.
