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Jun 30, 2022
Confluent Q2 2022 Earnings Report
Confluent's Q2 2022 financial results were announced, demonstrating strong growth and exceeding expectations.
Key Takeaways
Confluent announced strong Q2 2022 financial results, with total revenue up 58% year-over-year to $139 million and Confluent Cloud revenue up 139% year-over-year to $47 million. The company exceeded its guidance on all metrics and saw significant margin improvements.
Total revenue reached $139 million, a 58% increase year-over-year.
Confluent Cloud revenue grew by 139% year-over-year, reaching $47 million.
Remaining performance obligations increased by 81% year-over-year to $591 million.
The company had 857 customers with $100,000 or greater in ARR, a 39% increase year-over-year.
Revenue by Segment
Forward Guidance
Confluent provided guidance for Q3 2022 with total revenue expected to be $143-$145 million and for fiscal year 2022 with total revenue expected to be $567-$571 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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