Confluent Stock Jumps On Sales, Earnings Beat For Data Software Player
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Data software company Confluent late Tuesday reported first-quarter earnings and sales that exceeded expectations. On average, analysts projected Confluent would post adjusted earnings of 2 cents per share on sales of $211.6 million, according to FactSet. Analysts were projecting Confluent would tally $228.7 million in sales for the June-ending quarter, according to FactSet.