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/PRNewswire/ Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its first quarter of fiscal 2022, ending April 30, 2021..
Cloudera Reports Fourth Quarter and Fiscal Year 2021 Financial Results
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SANTA CLARA, Calif., March 10, 2021 /PRNewswire/ Cloudera, Inc. (NYSE: CLDR), the enterprise data cloud company, reported results for its fourth quarter and fiscal year 2021, ended January 31, 2021. Total revenue for the fourth quarter was $226.6 million, an increase of 7% as compared to the fourth quarter of fiscal 2020. Subscription revenue was $206.8 million, an increase of 14% as compared to the fourth quarter of fiscal 2020. Annualized Recurring Revenue grew 10% year-over-year.
(PRNewsfoto/Cloudera, Inc.)
(PRNewsfoto/Cloudera, Inc.) Cloudera Data Platform demonstrated significant momentum in the quarter, said Rob Bearden, chief executive officer, Cloudera. Customers migrating to CDP increased from about 10% of our customer base at the time we reported Q3 to more than 15% of our customer base today. Most impressively, ARR from CDP now exceed