Confluent has less than five Kafka engineers on call for tens of thousands of production in Kafka clusters. So it seems like they're being efficient on labor costs from the call. But I haven't seen that reflected in the company's operating margins. And also while the company is young, it's already had a huge adoption cycle. More than more than half of Fortune 500 companies use Confluent software as of 2021.
Just because a stock is down 50% doesn’t mean that the business is broken. (Or does it?)
Ricky Mulvey caught up with Motley Fool Senior Analyst Yasser El-Shimy to talk about some higher growth companies whose stocks have taken a hit. They discuss: - How investors can approach growth stocks with a venture capital lens. - Profitability questions for a streaming data company. - A second look at a space company that went public via SPAC. Companies discussed: CFLT, LMT, SPCE, RKLB Host: Ricky Mulvey Guest: Yasser El-Shimy Engineer: Tim Sparks Production Assist: Alex Friedman
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