Overview
- Q3 adjusted EPS came in at $0.13 on revenue of $298.537 million, topping consensus estimates of $0.10 and $292.871 million.
- Full-year 2025 adjusted EPS guidance was lifted to $0.39–$0.40 from $0.36.
- Management highlighted 24% year-over-year Confluent Cloud growth and a 43% increase in remaining performance obligations, citing accelerating DSP and Flink adoption.
- Shares rose roughly 8%–11% after the report as multiple firms raised price targets, including DA Davidson to $29 with a Buy rating.
- Leaders did not address earlier reports of potential sale interest on the earnings call, while several analysts welcomed Flink momentum but cautioned that sustained gains require steady delivery.