Cloudera, Inc. (CLDR) Tops Q2 EPS by 4c, Offers Q3 and FY Guidance

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Cloudera Reports Second Quarter Fiscal 2021 Financial Results

September 2, 2020 4:10 PM EDT

SANTA CLARA, Calif., Sept. 2, 2020 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its second quarter of fiscal 2021, ended July 31, 2020. Total revenue for the second quarter was $214.3 million, an increase of 9% as compared to the second quarter of fiscal 2020. Subscription revenue was $191.5 million, an increase of 17% as compared to the second quarter of fiscal 2020. Annualized Recurring Revenue grew 12% year-over-year.

"We achieved a major milestone last month with the general availability of Cloudera Data Platform Private Cloud, significantly advancing our Enterprise Data Cloud strategy," said Rob... More