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

Earnings calendar for the week of January 18

While the markets got a boost a couple of weeks ago after Congress passed the new stimulus bill, investors seem to have adopted a cautious stance as details of the

Can ReneSola count on pipeline, global expansion to stay on growth path?

After the initial lull, the renewables industry witnessed stable capacity addition during the pandemic, even as the lingering uncertainty underscored the need for energy self-reliance. Solar power companies like ReneSola

US retail sales fall for third straight month in December; 2020 holiday sales rise 8.3%

According to a report by the US Census Bureau, adjusted retail and food services sales totaled $540.9 billion in December 2020, down 0.7% from November 2020 but up 2.9% from

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top