Cloudera (CLDR) To Report Q4 Earnings: What's In Store?
Zacks Investment Research | Mar 10, 2019 10:12PM ET
Cloudera (NYSE:CLDR) is set to report fourth-quarter fiscal 2019 results on Mar 13.
In the third quarter, Cloudera reported a loss of 3 cents per share that was narrower than the Zacks Consensus Estimate of a loss of 11 cents and the year-ago quarter’s loss of 17 cents.
Revenues of $118 million beat the consensus mark of $114 million and increased 25% on a year-over-year basis.
For fourth-quarter fiscal 2019, revenues are expected between $119 million and $122 million, up 17% year over year. Non-GAAP net loss is anticipated to be 12-10 cents per share.
The Zacks Consensus Estimate for revenues is pegged at $121.2 million, up 17.2% year over year. The consensus mark for the bottom line is at a loss of 11 cents, unchanged over the past 30 days.
Let’s see how things are shaping up for this announcement.
Factors to Watch Out
Cloudera’s portfolio strength, go-to-market business model and sales force reorganization are helping it expand customer base.
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