Welcome to our dedicated page for Cloudera news (Ticker: CLDR), a resource for investors and traders seeking the latest updates and insights on Cloudera stock.
Cloudera (CLDR) enables enterprises to unlock value from complex data ecosystems through its hybrid data platform. This news hub provides investors and technology professionals with timely updates on Cloudera's innovations in enterprise cloud solutions, strategic partnerships, and industry research.
Discover official press releases covering product enhancements, executive appointments, and financial performance. Stay informed about Cloudera's work in empowering organizations to balance cloud flexibility with robust data governance across hybrid environments.
Key updates include developments in AI-driven analytics, multi-cloud management tools, and insights from Cloudera's global IT leadership studies. Bookmark this page to track how CLDR continues to shape enterprise data strategies while addressing critical challenges like cybersecurity and compliance.
Cloudera, Inc. (NYSE: CLDR) will announce its fourth quarter and fiscal year 2021 financial results on March 10, 2021, after market close. The conference call to discuss the results is scheduled for 2:00 PM Pacific Time (5:00 PM Eastern Time). Participants can access the call via a toll-free number or an international number provided in the press release. A webcast will also be available on Cloudera's investor relations website, along with a replay accessible for at least two weeks after the call.
Privitar announced its certification on the Cloudera Data Platform (CDP), enhancing its partnership with Cloudera. This integration allows organizations to safely analyze sensitive data for insights while ensuring privacy. The Privitar Data Privacy Platform offers a combination of governance and privacy techniques essential for data-driven decisions. Cloudera’s CDP simplifies operations and enhances cost efficiency through machine learning, supporting various cloud environments. This collaboration aims to optimize the utility of sensitive data while leveraging Cloudera’s powerful analytics capabilities.
Cloudera (NYSE: CLDR) successfully completed SOC 2 Type II certification for its Cloudera Data Platform Public Cloud, affirming its adherence to security standards established by the AICPA. This certification is crucial for Cloudera’s clients in heavily regulated industries, including eight of the top 10 banks and pharmaceutical companies. The certification highlights Cloudera's commitment to data security and compliance, as enterprises face increasing data privacy regulations. This achievement enhances Cloudera's position in the enterprise data cloud market.
Cloudera, Inc. (NYSE: CLDR) announced the appointment of Gary Hu to its Board of Directors, replacing Nicholas Graziano, effective January 7, 2021. This change comes as part of a recommendation from Icahn Enterprises, adhering to a Voting and Standstill Agreement established in August 2019. Gary Hu, a Portfolio Manager at Icahn Capital L.P., brings a strong background in investment management, having previously worked at Silver Point Capital and Stockbridge Investors. CEO Rob Bearden expressed enthusiasm for this leadership transition as Cloudera aims to strengthen its position in the enterprise data cloud market.
Cloudera, Inc. (NYSE: CLDR) has announced its participation in the 23rd Annual Needham Growth Conference, scheduled for January 12, 2021, at 10:15 AM Pacific Time. This will be a virtual event, and interested parties can access the live audio webcast through the investors.cloudera.com site. Cloudera focuses on transforming complex data into actionable insights, providing an enterprise data cloud for operations from the Edge to AI, aiding digital transformation across major enterprises.
Cloudera (NYSE: CLDR) announced the successful completion of a $500 million senior secured term loan and the repurchase of 26 million shares of common stock from Intel for $314 million. The term loan has a seven-year tenor with interest at LIBOR plus 250 bps, aimed at general corporate purposes and share repurchases. This transaction allows Cloudera to enhance capital structure while maintaining balance sheet flexibility. After the repurchase, Intel no longer holds shares in Cloudera, but commercial relations remain unchanged.
Cloudera reported Q3 fiscal 2021 results with total revenue of $217.9 million, up 10% year-over-year. Subscription revenue reached $197.4 million, an 18% increase. Annualized Recurring Revenue grew 12% to $756 million. The company experienced a GAAP loss from operations of $12.3 million, but non-GAAP income was $49.3 million. For Q4 2021, Cloudera expects revenue between $219 million and $222 million. The board approved a $500 million share repurchase plan, aimed at returning capital to shareholders while maintaining growth.
Cloudera (NYSE: CLDR) announced participation in the Barclays Global Technology, Media and Telecommunications Conference on December 9, 2020, at 10:30 AM PT (1:30 PM ET). The event will be held virtually, with a live audio webcast available on investors.cloudera.com. The company focuses on transforming complex data into actionable insights through its enterprise data cloud solutions, supporting digital transformation across various sectors. For more details, visit cloudera.com.
Cloudera (NYSE: CLDR) announced its 2020 Data Impact Awards, recognizing organizations that leverage data for significant innovations across industries. Winners were selected in various categories, showcasing advancements in areas like enterprise AI, data security, and real-time analytics. Notable recipients include Globe Telecom for enhancing customer experiences and Rush University Medical Center for improving clinical data access during COVID-19. The awards highlight the transformative potential of data-driven strategies in a rapidly evolving technological landscape.
Cloudera, Inc. (NYSE: CLDR) will report its third quarter fiscal year 2021 financial results on December 3, 2020, after market close. The period ended on October 31, 2020. A conference call is scheduled for 1:30 PM PT (4:30 PM ET) to discuss the results. Investors can access the call via a toll-free number or international number, with a conference ID of 2257327. A replay of the webcast will be available for at least two weeks after the call. Cloudera aims to empower enterprises with its data cloud solutions.
