UPDATE: Cloudera, Inc. (CLDR) Tops Q1 EPS by 8c, Offers Q2 and FY Guidance
(Updated - June 8, 2017 4:19 PM EDT)
Cloudera, Inc. (NYSE: CLDR) reported Q1 EPS of ($0.27), $0.08 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $79.6 million versus the consensus estimate of $75.84 million.
Business Outlook
The outlook for the second quarter fiscal 2018, ending July 31, 2017, is:
- Total revenue in the range of $85 to $86 million, representing 32% to 33% year-over-year growth
- Subscription revenue in the range of $70 million to $71 million, representing 38% to 40% year-over-year growth
- Operating cash flow in the range of negative $30 million to $27 million
- Non-GAAP net loss per share in the range of $0.26 to $0.24 per share
- Non-GAAP weighted-average shares outstanding of approximately 137 million shares
The outlook for fiscal 2018, ending January 31, 2018, is:
- Total revenue in the range of $345 million to $350 million, representing 32% to 34% year-over-year growth
- Subscription revenue in the range of $280 million to $285 million, representing 40% to 42% year-over-year growth
- Operating cash flow in the range of negative $72 million to $68 million
- Non-GAAP net loss per share in the range of $1.07 to $1.04 per share
- Non-GAAP weighted-average shares outstanding of approximately 133 million shares
(Street sees Q2 EPS of ($0.25) on revenue of $83.8 million and FY EPS of ($1.08) on revenue of $338.3 million)
For earnings history and earnings-related data on Cloudera, Inc. (CLDR) click here.