Cloudera: Q3 Earnings Insights

Shares of Cloudera CLDR moved higher by 3.6% after the company reported Q3 results.

Quarterly Results

Earnings per share rose 600.00% over the past year to $0.15, which beat the estimate of $0.09.

Revenue of $217,899,000 rose by 9.89% year over year, which beat the estimate of $209,160,000.

Outlook

Cloudera Sees Q4 Adj. EPS $0.10-$0.12 vs $0.10 Est., Sales $219M-$222M vs $215.69M Est.; Sees FY21 Adj. EPS $0.40-$0.42 vs $0.33 Est., Sales $862M-$865M vs $849.8M Est.

Details Of The Call

Date: Dec 03, 2020

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.cloudera.com%2F&eventid=2633542&sessionid=1&key=AE59B7664FB1D5B3F566C1240A540FFF&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $14.20

Company's 52-week low was at $4.76

Price action over last quarter: down 0.22%

Company Profile

Cloudera Inc is a United States-based software company. It has developed platforms for data management, machine learning, and advanced analytics. The company's platform enables organizations to use vast amounts of data from a variety of sources, including the Internet of Things (IoT), to better serve and market to their customers, design connected products and services and reduce risk through greater insight from data. The company's platform addresses three new transformative markets, Dynamic Data Management Systems, Cognitive/AI Systems and Content Analytics Software and Advanced and Predictive Analytics Software. It operates through the below segments: Subscription and Services.