Hortonworks (HDP) Reports In-Line Q1 EPS

Hortonworks (NASDAQ: HDP) reported Q1 EPS of ($0.68), in-line with the analyst estimate of ($0.68). Revenue for the quarter came in at $41.3 million versus the consensus estimate of $39.5 million.

"We are pleased with our first quarter performance that was highlighted by an acceleration of support subscription billings, which grew 122% year-over-year," said Rob Bearden, chief executive officer and chairman of the board of directors of Hortonworks. "As our enterprise customers realize transformative business insights from new use cases that are made possible by our Connected Data Platforms, we look forward to making even greater value-added contributions in 2016."

GUIDANCE:

Hortonworks sees Q2 2016 revenue of $45 million, versus the consensus of $452 million.

Hortonworks sees FY2016 revenue of $190 million, versus the consensus of $188.42 million.

For earnings history and earnings-related data on Hortonworks (HDP) click here.

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