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Investing.com - Confluent reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Confluent announced earnings per share of $-0.13 on revenue of $152M. Analysts polled by Investing.com EPS of $-0.17 on revenue of $144.84M.
Confluent 's are down 42% and is trading at $26.93 , still down 76.41% from its 52 week high of $94.97 set on Friday, November 5, 2021.
Confluent shares gained 20.22% to trade at $26.93 in after-hours trade the report.
Confluent follows other major Information Technology sector earnings this month
Confluent's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar