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Benzinga
Benzinga
Business
Henry Khederian

Why Confluent Shares Are Falling

Confluent NFL Confluent Inc

Confluent Inc (NASDAQ:CFLT) shares are trading lower by 9.3% at $66.38 Friday morning after the company reported fourth-quarter earnings results.

Confluent reported quarterly losses of 19 cents per share which beat the analyst consensus estimate of a loss of 21 cents per share. The company reported quarterly sales of $119.00 million which beat the analyst consensus estimate of $109.83 million by 8%.

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