share_log

Confluent | 10-Q: Q2 2024 Earnings Report

Confluent | 10-Q: Q2 2024 Earnings Report

Confluent | 10-Q:2024財年二季報
美股SEC公告 ·  2024/08/01 04:36

Moomoo AI 已提取核心訊息

Confluent reported strong Q2 2024 results, with revenue rising 24% year-over-year to $235 million. Subscription revenue, which accounted for 96% of total revenue, grew 27% to $224.7 million. Confluent Cloud revenue represented 50% of subscription revenue, up from 44% in Q2 2023, highlighting the company's successful cloud transition.The company's customer base expanded to approximately 5,440, a 13% increase from the prior year. Notably, customers contributing $100,000 or more in annual recurring revenue grew to 1,306, up from 1,144 a year ago. Confluent maintained a solid dollar-based net retention rate of 118%, demonstrating its ability to expand within existing accounts.Despite the revenue growth, Confluent reported a net loss of $89.9 million for the quarter. The company ended the period with a strong liquidity position of $1.93 billion in cash, cash equivalents, and marketable securities. Management expressed confidence in their market opportunity and continued focus on balancing growth investments with improving profitability and cash flow.
Confluent reported strong Q2 2024 results, with revenue rising 24% year-over-year to $235 million. Subscription revenue, which accounted for 96% of total revenue, grew 27% to $224.7 million. Confluent Cloud revenue represented 50% of subscription revenue, up from 44% in Q2 2023, highlighting the company's successful cloud transition.The company's customer base expanded to approximately 5,440, a 13% increase from the prior year. Notably, customers contributing $100,000 or more in annual recurring revenue grew to 1,306, up from 1,144 a year ago. Confluent maintained a solid dollar-based net retention rate of 118%, demonstrating its ability to expand within existing accounts.Despite the revenue growth, Confluent reported a net loss of $89.9 million for the quarter. The company ended the period with a strong liquidity position of $1.93 billion in cash, cash equivalents, and marketable securities. Management expressed confidence in their market opportunity and continued focus on balancing growth investments with improving profitability and cash flow.
Confluent報告了2024年第二季度的強勁業績,營業收入同比增長24%,達到了23500萬美元。訂閱收入佔總收入的96%,增長了27%,達到了22470萬美元。Confluent Cloud收入佔訂閱收入的50%,高於2023年第二季度的44%,凸顯了公司成功的雲轉型。公司的客戶基礎擴大到約5440個,比去年增長了13%。值得注意的是,年經常性收入達到10萬美元或以上的客戶增長到1306個,較去年同期的1144個有所增加。Confluent保持了穩定的以美元爲基礎的淨留存率爲118%,顯示了其在現有賬戶中擴展的能力。儘管營業收入增長,Confluent在本季度報告了8990萬美元的淨虧損。公司在期末擁有19.3億現金、現金等價物及可投資證券的強勁流動性狀況。管理層對市場機會表示信懇智能,並繼續關注在增長投資與改善盈利能力和現金流之間保持平衡。
Confluent報告了2024年第二季度的強勁業績,營業收入同比增長24%,達到了23500萬美元。訂閱收入佔總收入的96%,增長了27%,達到了22470萬美元。Confluent Cloud收入佔訂閱收入的50%,高於2023年第二季度的44%,凸顯了公司成功的雲轉型。公司的客戶基礎擴大到約5440個,比去年增長了13%。值得注意的是,年經常性收入達到10萬美元或以上的客戶增長到1306個,較去年同期的1144個有所增加。Confluent保持了穩定的以美元爲基礎的淨留存率爲118%,顯示了其在現有賬戶中擴展的能力。儘管營業收入增長,Confluent在本季度報告了8990萬美元的淨虧損。公司在期末擁有19.3億現金、現金等價物及可投資證券的強勁流動性狀況。管理層對市場機會表示信懇智能,並繼續關注在增長投資與改善盈利能力和現金流之間保持平衡。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息