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Is Confluent profitable?

Confluent’s profitability is not as impressive. The company lost $96 million in Q3 — representing 94% of revenue. Additionally, the company’s free cash flow is negative, losing $20.5 million in free cash flow in Q3 alone.

In the same way, Will sprinklr go public? Sprinklr’s IPO is set for Wednesday June 23, when it will start trading on the NYSE under the ticker CXM. The company plans to offer 19 million shares at $18 to $20 each, which would raise approximately $361 million and value the company at $5 billion.

Should you invest in Confluent? The short answer is no. Confluent is providing a mission-critical service to its customers and seeing rapid growth because of it. Its business is seeing significant growth that is likely to continue, which is why I think it is still smart to buy Confluent stock.

Similarly, Is Confluent stock a buy? Confluent has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 8 buy ratings, 8 hold ratings, and no sell ratings.

Besides Is Confluent a good stock buy? Currently, Confluent Inc’s price-earnings ratio is . Confluent Inc’s trailing 12-month revenue is $387.9 million with a -88.4% profit margin. Year-over-year quarterly sales growth most recently was 70.6%. Analysts expect adjusted earnings to reach $-0.751 per share for the current fiscal year.

Where can I buy Sprinklr stock?

One can easily invest in Sprinklr Inc shares from India by: Direct Investment – Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy Sprinklr Inc shares.

Is Sprinklr a loss?

Operating (Loss) Income and Margin: Fiscal year 2022 operating loss was $99.5 million, compared to operating loss of $25.6 million one year ago. Non-GAAP operating loss was $35.5 million, compared to non-GAAP operating income of $20.1 million one year ago.

What is Sprinklr used for?

Sprinklr is a cloud-based customer experience management solution designed for businesses of all sizes. It offers social experience core, content marketing, social media management, paid advertising, website management (first-party experience), and social listening functionalities within a suite.

Is confluent a startup?

Commercial Apache Kafka startup Confluent Inc. today set the terms of its initial public offering, seeking to raise up to $759 million on a potential $8.33 billion valuation. Confluent announced on April 23 that it had confidentially filed to go public.

How many customers does confluent have?

As of March 31, 2021, Confluent had a total of 2,540 customers, up from 1,050 on March 31, 2020. Current customers include 136 of the Fortune 500, which contributed approximately 35 percent of the company’s revenue in the quarter ended March 31, 2021.

What is confluent platform?

Confluent Platform is a full-scale data streaming platform that enables you to easily access, store, and manage data as continuous, real-time streams.

What is Confluent vs Kafka?

While other Kafka solutions only support the Java client, Confluent provides a broad set of battle-tested clients for popular programming languages, including Python, C/C++, Go, and . NET. We also provide ksqlDB, a streaming database to build end-to-end applications on top of Kafka with the ease and familiarity of SQL.

Is Confluent growing?

“Our accelerating growth throughout the year, highlighted by a 200% increase in full year 2021 Confluent Cloud revenue at large scale, shows that Confluent has emerged as the leader of this large and growing market as organizations build toward a central nervous system for their data.”

Is Confluent a buy Zacks?

Zacks Investment Research upgraded shares of Confluent (NASDAQ:CFLT – Get Rating) from a hold rating to a buy rating in a research report report published on Tuesday, Zacks.com reports.

How does Confluent make money?

Confluent is an American tech company providing real-time data access to help businesses better manage their operations. Confluent makes money by selling Confluent Cloud, a fully-managed cloud-native service for Apache Kafka. Prices ultimately depend on the size of the business and its resource-based needs.

How do I invest in Freshworks?

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Is sprinklr listed company?

Sprinklr was founded in 2009 by technology executive Ragy Thomas. On June 23rd, 2021, the company went public on the New York Stock Exchange under the symbol CXM.

How many employees does sprinklr have?

Sprinklr’s CEO and Founder Ragy Thomas started Sprinklr in his spare room in 2009, and today the company works with more than 70% of the 100 companies on the Forbes 2019 World’s Most Valuable Brands list and has 1,500 employees in 15 countries to support global clients.

Is Sprinklr a good company?

Is Sprinklr a good company to work for? Sprinklr has an overall rating of 3.8 out of 5, based on over 1,401 reviews left anonymously by employees. 73% of employees would recommend working at Sprinklr to a friend and 75% have a positive outlook for the business. This rating has decreased by -5% over the last 12 months.

What makes Sprinklr different?

Sprinklr’s most prized possession is its impressive platform. It boasts a unified customer experience management (Unified-CXM) powered by industry-leading artificial intelligence home to its Modern Care, Modern Research, Modern Marketing and Advertising, and Modern Sales and Engagement products.

What kind of company is Sprinklr?

Sprinklr is an American software company based in New York City that develops a SaaS customer experience management (CXM) platform.

Is Confluent expensive?

Apache Kafka® is free, and Confluent Cloud is very cheap for small use cases, about $1 a month to produce, store, and consume a GB of data. As your usage scales and your requirements become more sophisticated, your cost will scale too.

Who is Jun Rao?

Executive Bio. Jun Rao serves as the Co-founder of Confluent. Jun Rao and the Confluent executive team are rated an A+ by 51 employees.

Why Kafka is better than RabbitMQ?

RabbitMQ’s queues are fastest when they’re empty, while Kafka retains large amounts of data with very little overhead – Kafka is designed for holding and distributing large volumes of messages. (If you plan to have very long queues in RabbitMQ you could have a look at lazy queues.)

What do you think?

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