secwatch.observer — SEC 8-K summary
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Issuer:     Confluent, Inc. (—)
CIK:        0001699838
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000950170-24-054470
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Confluent Q1 revenue $217M (+25% YoY), Cloud +45%, CAO resigns
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- Total revenue $217.2M, +25% YoY; subscription revenue $206.9M, +29%.
- Confluent Cloud revenue $107M, +45% YoY; now majority of subscription revenue.
- GAAP operating loss narrowed to $111.4M from $166.1M; non-GAAP op loss $3.3M.
- Non-GAAP EPS $0.05 (vs -$0.09 prior); Q2 guidance: total rev $229-230M.
- CAO Ying Christina Liu resigns effective May 22; CFO Rohan Sivaram named principal accounting officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699838/000095017024054470/0000950170-24-054470-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699838/000095017024054470/cflt-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-054470

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer