Cloudera, Inc. (CLDR) Tops Q2 EPS by 8c; Guides Above Views

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Cloudera Reports Second Quarter Fiscal Year 2018 Financial Results

September 7, 2017 4:05 PM EDT

PALO ALTO, Calif., Sept. 7, 2017 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the modern platform for machine learning and analytics optimized for the cloud, today reported results for its second quarter fiscal 2018, ended July 31, 2017. Total revenue was $89.8 million, an increase of 39% from the second quarter fiscal 2017. Subscription revenue was $74.0 million, an increase of 46% from the year-ago period. Subscription revenue represented 82% of total revenue, up from 79% in second quarter fiscal 2017.

"In our fiscal second quarter, we outperformed on sales, customer acquisition,... More