Cloudera Fiscal Q4 Results Beat View

Cloudera (CLDR), the modern platform for machine learning and analytics optimized for the cloud, reported fiscal Q4 results that beat Wall Street expectations, guided for fiscal Q1 earnings and revenue mostly in line with Wall Street expectations.

Non-GAAP net loss per share shrank to $0.10 for the period ended Jan. 31, from a net loss per share of $0.30 for the year-ago period. That was narrower than the net loss per share of $0.22, estimated by analysts surveyed by Capital IQ.

Fiscal Q4 revenue increased to $103.5 million, from $72.9 million, surpassing the analyst consensus of $98.7 million.

Looking ahead to Q1, the company anticipates non-GAAP net loss per share in the range of $0.19 to $0.17, and revenue in the range of $101 million to $102 million. Analysts had predicted a net loss per share of $0.18, and revenue of $102.3 million.

It also expects FY19 non-GAAP net loss per share in the range of $0.62 to $0.59 and revenue in the range of $435 million to $445 million. Analysts had projected a net loss per share of $0.59 on revenue of $460.5 million.

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