June 5, 2020 Sophia Vida
Company News

Cloudera Shares Plummet as Company Gives Weak Guidance

Enterprise data cloud firm Cloudera saw its shares drop this week after the company reported first quarter results and a weak outlook going forward. The company beat on its fiscal Q1 forecasts, but issued lower-than-expected guidance for the current quarter and full fiscal year. For the first quarter ending April 30th, Cloudera posted $210.5 million … Continue reading “Cloudera Shares Plummet as Company Gives Weak Guidance”