Tech
Cloudera beats with Q4 revenue of $226.6M, up 7% YoY, subscription rev. of $206.8M, up 14% YoY, and ARR of $778M, up 10% YoY; stock down ~10% on weak Q1 outlook (Tiernan Ray/ZDNet)
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Tiernan Ray / ZDNet:
Cloudera beats with Q4 revenue of $226.6M, up 7% YoY, subscription rev. of $206.8M, up 14% YoY, and ARR of $778M, up 10% YoY; stock down ~10% on weak Q1 outlook — Although Cloudera’s January-quarter results beat expectations, the outlook for revenue this year was disappointing.
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