Categories AlphaGraphs, Earnings, Technology

Infographic: Highlights of Cloudera’s (CLDR) Q3 2021 earnings report

Cloudera Inc. (NYSE: CLDR) turned to profit in the third quarter from a loss last year as strong demand growth lifted the enterprise data cloud company’s revenues. The results also topped the Street view.

Cloudera Q3 2021 Earnings Infographic

The Palo Alto, California-based tech firm reported adjusted earnings of $0.15 per share for the October-quarter, compared to a loss of $0.03 per share in the same period of last year. The latest number exceeded the forecast. On an unadjusted basis, net loss was $13.95 million or $0.04 per share, which marked an improvement from last year’s loss of $82.12 million or $0.29 per share.

Read analysts/management’s comments on Cloudera’s Q3 earnings

At $217.9 million, revenues were up 10% from the third quarter of 2020. Market watchers had predicted slower growth.

Cloudera’s stock closed Thursday’s trading session higher and continued to gain in the after-hours, following the earnings release. The stock is currently trading at the levels seen at the beginning of the year.

Most Popular

MU Earnings: Micron’s Q4 profit declines but beats estimates

Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted

What are Philip Morris’ (PM) anticipations for the near term?

Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,

Key highlights from CarMax (KMX) Q2 2023 earnings results

CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,

Add Comment
Viewing Highlight