Cloudera (CLDR.US) – reported quarterly profit of 10 cents per share, 4 cents a share above analysts' expectations. Revenue also beat market forecasts. Subscription revenue was up 17% to $191.5M. Also the cloud data company provided better-than-expected current-quarter and full-year outlook. However company’s stock failed to capitalize on this data and fell over 10% as US markets are in risk-off mode. Tech shares in general are among the worst performers during today's session.
Cloudera (CLDR.US) - stock launched today's session with a bearish price gap and downward move is being continued during the afternoon trading. Currently price is testing the 50-hour moving average (green line). Should downbeat moods prevail, support at $11.00 may come into play. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
