=Cloudera (CLDR) reported earnings on Wed 5 June 19 (a/h)

Cloudera beats by $0.10, reports revs in-line; guides Q2 EPS in-line, revs below consensus; guides FY20 EPS in-line, revs below consensus; CEO retires

• Reports Q1 (Apr) loss of $0.13 per share, excluding non-recurring items, $0.10 better than the S&P Capital IQ Consensus of ($0.23); revenues rose 81.2% year/year to $187.5 mln vs the $188.44 mln S&P Capital IQ Consensus.
• Co issues guidance for Q2, sees EPS of ($0.11)-(0.08), excluding non-recurring items, vs. ($0.09) S&P Capital IQ Consensus; sees Q2 revs of $180-183 mln vs. $203.02 mln S&P Capital IQ Consensus.
• Co issues guidance for FY20, sees EPS of ($0.38)-(0.32), excluding non-recurring items, vs. ($0.35) S&P Capital IQ Consensus; sees FY20 revs of $745-765 mln vs. $843.77 mln S&P Capital IQ Consensus.

In other news, co announced that Tom Reilly will retire as Chief Executive Officer and as a member of the Board of Directors, effective July 31, 2019. The Board has appointed Martin Cole, Chairman of the Board, as interim Chief Executive Officer, effective at the end of Mr. Reilly's transition.

Mr. Cole will work with Mr. Reilly in the meantime to help ensure a smooth transition and to lead the Company's executive team while the Board conducts a search for a permanent CEO.