Cloudera Inc. (CLDR) Tops Q4 EPS by 4c, Revenues Beat; Offers 1Q & FY22 EPS/Revenue Guidance Below Consensus
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Cloudera Reports Fourth Quarter and Fiscal Year 2021 Financial Results
March 10, 2021 4:08 PM ESTSANTA CLARA, Calif., March 10, 2021 /PRNewswire/ -- Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its fourth quarter and fiscal year 2021, ended January 31, 2021. Total revenue for the fourth quarter was $226.6 million, an increase of 7% as compared to the fourth quarter of fiscal 2020. Subscription revenue was $206.8 million, an increase of 14% as compared to the fourth quarter of fiscal 2020. Annualized Recurring Revenue grew 10% year-over-year.
"Cloudera Data Platform demonstrated significant momentum in the quarter," said Rob Bearden, chief executive officer, Cloudera. "Customers migrating to CDP increased... More
