Cloudera, Inc. (CLDR) Tops Q1 EPS by 1c, Offers Q2 and FY Guidance

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Cloudera Reports First Quarter Fiscal Year 2019 Financial Results

June 6, 2018 4:15 PM EDT

PALO ALTO, Calif., June 6, 2018 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the modern platform for machine learning and analytics optimized for the cloud, today reported results for its first quarter fiscal 2019, ended April 30, 2018. Total revenue was $102.7 million, an increase of 29% from the first quarter of fiscal 2018. Subscription revenue was $85.9 million, an increase of 33% from the first quarter of fiscal 2018. Subscription revenue represented 84% of total revenue, up from 81% in the first quarter of fiscal 2018.

"The rapidly... More