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

Cloudera, Inc. (NYSE: CLDR) reported Q2 EPS of ($0.08), $0.07 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $110.34 million versus the consensus estimate of $107.71 million.

"In Q2 we made substantial progress in our product and go-to-market transitions, delivering strong financial results in the quarter and accomplishing many of our goals for sustained success in our market," said Tom Reilly, chief executive officer. "We continue to innovate in highly differentiating ways. With three new modern data warehouse offerings, we are well-positioned to disrupt the legacy data warehouse industry."

GUIDANCE:

Cloudera, Inc. sees FY2019 EPS of ($0.53)-($0.50), versus the consensus of ($0.59). Cloudera, Inc. sees FY2019 revenue of $440-450 million, versus the consensus of $441.63 million.

For earnings history and earnings-related data on Cloudera, Inc. (CLDR) click here.

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