CLDR - Cloudera gains on earnings beat to be acquired by Clayton Dubilier & Rice and KKR for ~$5.3B
Cloudera (CLDR): Q1 Non-GAAP EPS of $0.12 beats by $0.04; GAAP EPS of -$0.14 misses by $0.01.Revenue of $224.28M (+6.5% Y/Y) beats by $6.99M.The company has entered into an agreement to be acquired by affiliates of Clayton, Dubilier & Rice (CD&R) and KKR for ~$5.3B in cash, or $16.00 per share. Shares +24.8% PM.Press Release
For further details see:
Cloudera gains on earnings beat, to be acquired by Clayton, Dubilier & Rice and KKR for ~$5.3B