Cloudera, Inc. (CLDR) Tops Q2 EPS by 7c, Revenues Beat; Offers FY19 EPS Outlook Above Consensus, FY19 Revenue Mid-Point Outlook Above Consensus

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Go back to Cloudera, Inc. (CLDR) Tops Q2 EPS by 7c, Revenues Beat; Offers FY19 EPS Outlook Above Consensus, FY19 Revenue Mid-Point Outlook Above Consensus

Cloudera Reports Second Quarter Fiscal Year 2019 Financial Results

September 5, 2018 4:10 PM EDT

PALO ALTO, Calif., Sept. 5, 2018 /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 2019, ended July 31, 2018. Total revenue was $110.3 million, an increase of 23% as compared to the second quarter of fiscal 2018. Subscription revenue was $93.1 million, an increase of 26% as compared to the second quarter of fiscal 2018. Subscription revenue represented 84% of total revenue, up from 82% in the second quarter of fiscal 2018.

"In Q2 we made substantial progress in our product and go-to-market transitions, delivering... More