Van I think they just reported I would sell now in the after a market if you can. Confluent Announces First Quarter 2022 Financial Results Thu, May 5, 2022, 4:03 PM In this article: CFLT -15.55% Total revenue of $126 million, up 64% year over year Confluent Cloud revenue of $39 million, up 180% year over year Remaining performance obligations of $551 million, up 96% year over year 791 customers with $100,000 or greater in ARR, up 41% year over year MOUNTAIN VIEW, Calif., May 05, 2022--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the data streaming platform to set data in motion, today announced financial results for its first quarter of 2022, ended March 31, 2022. "Data streaming is gaining momentum and adoption as a foundational component to delivering real-time customer experiences and optimized operations," said Jay Kreps, co-founder and CEO, Confluent. "With a best-in-class product and differentiated customer go-to-market model, Confluent continues to become the de facto way organizations start and scale their data in motion journey. This has driven 64% revenue growth year over year, a record number of net new customer additions and a fourth consecutive quarter with dollar-based net retention rate of greater than 130%." "We delivered a strong first quarter exceeding the high end of our guidance on all metrics. RPO growth accelerated year over year and Confluent Cloud revenue grew 180% year over year, with a world-class dollar-based net retention rate for Confluent Cloud of greater than 150%," said Steffan Tomlinson, CFO, Confluent. "Given our strong unit economics and continued momentum, we are raising our 2022 guidance, and we remain committed to driving high growth and annual improvement in both non-GAAP operating and free cash flow margin." You run the danger of a big bounce tomorrow if they shut down these funds somehow or slow them down.
I thank them from the bottom on my W $65-$75 puts, EXPE $145 puts I thought were going to $0. Stoney, you could have joined them after smoking a fattie!
It's not individuals Ted it's these stinking Hedgies // They all buy the same stocks and then when they can't beat each others numbers they plow into the leveraged Index of the same names they own... Ta Da! (my guys don't do this)
It's sickening that the SCC allows this crap. Leveraged bets should be split off to their own market where they can trade like tokens.
Stoney, you and Van have seen all types of Hedge Fund implosions. Yesterday they said Melvin Capital imploded on online retail. Remember the Bayou, Victor Neiderhoofers?
Stoney, they ignored the public getting fleeced by FraudCoins(Not Bitcoin) so 3x seems harmless in comparison.
Interesting I hadn't heard that-- Yesterday they said Melvin Capital imploded on online retail. Remember the Bayou, Victor Neiderhoofers? YES-!