Cloudera (NYSE:CLDR) released its quarterly earnings results on Wednesday. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.24, Briefing.com reports. The business had revenue of $187.50 million for the quarter, compared to analysts’ expectations of $188.44 million. Cloudera had a negative net margin of 41.30% and a negative return on equity of 30.72%. The firm’s revenue for the quarter was up 81.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.17) earnings per share.
CLDR opened at $8.80 on Thursday. The stock has a market capitalization of $2.50 billion, a PE ratio of -7.72 and a beta of 1.68. Cloudera has a 1 year low of $8.52 and a 1 year high of $20.18.
In other news, Director Robert G. Bearden sold 624,934 shares of Cloudera stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $11.60, for a total value of $7,249,234.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael A. Stankey purchased 10,000 shares of the stock in a transaction dated Thursday, March 21st. The stock was bought at an average cost of $11.55 per share, with a total value of $115,500.00. The disclosure for this purchase can be found here. 17.90% of the stock is owned by insiders.
Cloudera Company Profile
Cloudera, Inc provides a suite of data analytics and management products in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. It offers Cloudera Enterprise Data Hub that allows companies to execute various analytic functions against a shared set of governed and secures data in public and private clouds, and data centers; Cloudera Data Warehouse, a hybrid cloud solution for self-service analytics; Cloudera Data Science and Engineering enables users to streamline, simplify, and scale big data processing; and Cloudera Operational DB that enables stream processing and real-time analytics on continuously changing data.
Further Reading: Equity Income
Receive News & Ratings for Cloudera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudera and related companies with MarketBeat.com's FREE daily email newsletter.