Cloudera stock surges 15% after results, outlook top Street view

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Cloudera Inc. shares rallied in the extended session Tuesday after the cloud data company's results and outlook topped Wall Street estimates. Cloudera shares...

Cloudera Inc.

shares rallied in the extended session Tuesday after the cloud data company's results and outlook topped Wall Street estimates. Cloudera shares surged 15% after hours, following a 7.8% rise in the regular session to close at $7.85. The company reported a fourth-quarter loss of $64.3 million, or 22 cents a share, compared with $85.5 million, or 45 cents a share, in the year-ago period. Adjusted earnings were 4 cents a share. Revenue rose to $211.7 million from $144.

 

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