Monday 1 April 2019

Risky business: Data cloud outfit Cloudera bares all to investors with annual report

Firm warns of $1.1bn deficit, continued net losses after Hortonworks merger

Cloudera has an accumulated deficit of $1.1bn and warned in this year's annual report that it expects to continue making a net loss "for the foreseeable future", especially as it splashes extra cash on its merger with Hortonworks.…



via The Register - Data Centre: Cloud
http://go.theregister.com/feed/www.theregister.co.uk/2019/04/01/cloudera_annual_report/

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