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Confluent beats expectations but its stock crashes amid day of turmoil for tech stocks
May 5, 2022, 11:33 p.m. | Mike Wheatley
Big Data – SiliconANGLE siliconangle.com
Big-data company Confluent Inc. posted fiscal first-quarter earnings and revenue today that topped expectations and offered strong guidance, but even that wasn’t enough to prevent its stock crashing on what was an awful day for the market all round. The company reported a loss before certain costs such as stock compensation of 19 cents per […]
The post Confluent beats expectations but its stock crashes amid day of turmoil for tech stocks appeared first on SiliconANGLE.
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