Confluent, Inc. (CFLT)
Confluent, Inc. operates in the Software - Infrastructure industry of the Technology sector, headquartered in Mountain View, CA, US. The stock last traded at $30.99, up 0.00% on the session, giving a market capitalisation of $11.08B. On trailing twelve-month figures it carries a trailing P/E of -36.03, a net margin of -25.3%. Its beta of 0.95 implies it has historically moved less than the broad market.
Confluent, Inc. operates a global data streaming platform, serving clients across the United States and internationally. The company's core products include Confluent Cloud, a fully managed, cloud-native service designed for seamlessly connecting and processing data, and Confluent Platform, an enterprise-level, self-managed software solution. This platform acts as the fundamental "data in motion" layer, enabling real-time data integration and processing for businesses. Beyond its main platforms, Confluent provides several specialized tools: Kafka Connect, which allows users to create connectors for integrating Apache Kafka with various applications and data systems; ksqlDB, a dedicated database for stream processing applications; and a stream governance solution. This governance offering is uniquely tailored to manage the complexities of streaming data, empowering teams to expand their use of real-time data while ensuring adherence to risk management and regulatory compliance standards. Confluent also supports its customers through comprehensive training programs and professional services. Founded in 2014, the company was originally named Infinitem, Inc. before rebranding as Confluent, Inc. in September of the same year. Its corporate headquarters are situated in Mountain View, California.
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