Given that the Hortonworks merger closed on Jan. 3, 2019, the company stated that is no comparative year-over-year financial information for the combined company.
Adjusted net loss was 15 cents a share
GAAP loss from operations for the quarter of fiscal 2019 was $87.0 million. A year ago, GAAP operations loss for standalone Cloudera was $38.1 million.
Quarterly non-GAAP loss from operations was $30.2 million, compared to $9.0 million in standalone Cloudera non-GAAP operations last year.
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GAAP net loss per share for the fourth quarter widened to $0.45 per share, from standalone GAAP net loss of 25 cents a share a year ago.
Non-GAAP net loss per share was 15 cents a share for the three-month period.
“Having completed the merger with Hortonworks, we are now squarely focused on delivering a powerful combined, integrated platform purpose-built for enterprise customers,” CEO Tom Reilly weighed in.
LOOKING TO THE FUTURE
For the first quarter of fiscal 2020, Cloudera sees total revenue of $187-190 million, with subscription revenue between $154 million and $156 million. Non-GAAP net loss expected to be 25-22 cents a share.
For the full-year 2020, total revenue is touted to jump at least 76% to hit $835 million to $855 million, while subscription revenue is expected to be up 72% to $695-705 million.
Operating cash flow for fiscal 2020 is estimated to be negative $40 million to negative $30 million, while non-GAAP net loss is expected to be between $0.36 and $0.32 a share. Adjusted ARR is touted to grow 18-21% to between $800 million and $825 million.
Cloudera chief Reilly added, “Our strong fourth quarter results showcase how customers are already embracing the new Cloudera’s vision, as evidenced by early cross-sell motions to deliver data management and analytics from the Edge to AI,” as the company posted the quarterly results.