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.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the data infrastructure industry, including Teradata (NYSE:TDC) and its peers.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the data infrastructure industry, including Elastic (NYSE:ESTC) and its peers.
Needham analyst Mike Cikos noted tariff exposure in his Infrastructure Software coverage is better insulated compared to other sectors due to the U.S.’ dominant position in Software and the vast, cheap distribution afforded by Software.
