Why Cloudera Stock Jumped Today

Evan Niu, CFA, The Motley Fool
·2-min read
Why Cloudera Stock Jumped Today

Shares of Cloudera (NYSE: CLDR) jumped as much as 17% this morning after the company reported third-quarter earnings. The results topped expectations and Cloudera issued strong guidance. Revenue in the fiscal third quarter came in at $217.9 million, topping the consensus estimate of $209 million in sales.