Possible entry level $10.25 with $11.50 upside target at major resistance.
10% short interest could get a squeeze
Cloudera (NYSE:CLDR) beats Q3 estimates with revenue up 67% Y/Y. Subscription revenue totaled $166.9M, and service revenue came in at $31.4M.
The upside Q4 outlook sees revenue of $200-203M with EPS of -$0.04 to $0.02.
The FY20 guidance raises the expected loss per share from $0.28-0.24 to $0.21-0.19 (consensus: $0.26 loss) and guides upside revenue of $782-785M.
Q3 capital expenditure was up 8% Y/Y to $1.77M.
Operating cash flow was -$5.9M, including $6.1M in merger-related payments.
Company profile
Cloudera, Inc. engages in the provision of enterprise-grade, global data management platforms, services and solutions. It offers enterprise data hub, data warehouse, sata science and engineering, operational database, Cloudera DataFlow (CDF), Hortonworks Data Platform (HDP), and data science workbench. It operates through Subscription, and Services segments. The company was founded in 2008 by Amr A. Awadallah, Christophe Bisciglia, Michael Olson and Jeffrey Hammerbacher and is headquartered in Palo Alto, CA.
10% short interest could get a squeeze
Cloudera (NYSE:CLDR) beats Q3 estimates with revenue up 67% Y/Y. Subscription revenue totaled $166.9M, and service revenue came in at $31.4M.
The upside Q4 outlook sees revenue of $200-203M with EPS of -$0.04 to $0.02.
The FY20 guidance raises the expected loss per share from $0.28-0.24 to $0.21-0.19 (consensus: $0.26 loss) and guides upside revenue of $782-785M.
Q3 capital expenditure was up 8% Y/Y to $1.77M.
Operating cash flow was -$5.9M, including $6.1M in merger-related payments.
Company profile
Cloudera, Inc. engages in the provision of enterprise-grade, global data management platforms, services and solutions. It offers enterprise data hub, data warehouse, sata science and engineering, operational database, Cloudera DataFlow (CDF), Hortonworks Data Platform (HDP), and data science workbench. It operates through Subscription, and Services segments. The company was founded in 2008 by Amr A. Awadallah, Christophe Bisciglia, Michael Olson and Jeffrey Hammerbacher and is headquartered in Palo Alto, CA.