Cloudera (NYSE:CLDR) issued an update on its FY 2020 earnings guidance on Wednesday morning. The company provided EPS guidance of $-0.36–0.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.25. The company issued revenue guidance of $835-855 million, compared to the consensus revenue estimate of $538.17 million.Cloudera also updated its FY20 guidance to ($0.36)-($0.32) EPS.
Shares of CLDR stock opened at $11.71 on Friday. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of -3.63 and a beta of 1.69. Cloudera has a 52 week low of $10.07 and a 52 week high of $22.42.
Cloudera (NYSE:CLDR) last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.16). Cloudera had a negative net margin of 35.63% and a negative return on equity of 50.68%. The business had revenue of $144.50 million during the quarter, compared to the consensus estimate of $209.29 million. During the same period last year, the firm earned ($0.10) EPS. The business’s revenue for the quarter was up 39.6% on a year-over-year basis. On average, equities analysts forecast that Cloudera will post -0.98 EPS for the current year.
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Cloudera Company Profile
Cloudera, Inc provides platform for machine learning and analytics in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. Its platform delivers an integrated suite of capabilities for data management, machine learning, and analytics to customers for transforming their businesses.
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