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

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

5 years ago
Anonymous $Dftgs0JzgE

https://www.theregister.co.uk/2019/04/01/cloudera_annual_report/

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.

Annual reports, or 10-K forms, filed with the US Securities and Exchange Commission (SEC) are a refreshing insight into the reality of the risks companies know they face – rather than the PR bluster typical of most other missives.