Cloudera, Inc. (CLDR) Tops Q1 EPS by 5c, FY Revenue Guidance Misses

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Go back to Cloudera, Inc. (CLDR) Tops Q1 EPS by 5c, FY Revenue Guidance Misses

Cloudera Reports First Quarter Fiscal 2021 Financial Results

June 3, 2020 4:07 PM EDT

PALO ALTO, Calif., June 3, 2020 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its first quarter of fiscal 2021, ended April 30, 2020. Total revenue for the first quarter was $210.5 million, an increase of 12% as compared to the first quarter of fiscal 2020. Subscription revenue was $187.1 million, an increase of 21% as compared to the first quarter of fiscal 2020. Annualized Recurring Revenue grew 11% year-over-year.

"We executed extremely well in Q1, particularly as the pandemic was in full effect for more than half of our fiscal quarter," said Rob Bearden, chief... More