Confluent Results Presentation Deck
Two Factors Impacting Our Outlook
Q4'23 revenue growth of 21% to 22% with Cloud growth of 43% YoY
(1)
(2)
Consumption impact from
company-specific events at
Two Large
Customers (¹)
Continuing
Macro
Pressure (2)
One online gaming company moved workloads back to their own data center, and one of our largest customers ramped slower as they are in the process of being
acquired. These two customers account for roughly 50% of the expected consumption shortfall in Q4'23.
Includes the ongoing conflict in the Middle East where Israel is a top ten country for Confluent, and the possible US government shutdown both of which add
uncertainty and disruption in particular segments. Specifically, we've seen slower organic consumption resulting from a slower rate of new use case addition in some
parts of our customer base.View entire presentation