=Cloudera (CLDR) reported earnings on Thue 8 June 2017 (a/h)

Cloudera (CLDR), the data software company,  reported its quarterly earnings results.

Cloudera bled $5.78 per share in its fiscal first quarter — almost twice as wide as earnings estimates for a $2.45 loss. However, the adjusted figure of 27 cents did beat analysts’ expectations for 36 cents per share.

Revenues were a bit more encouraging. The top line grew 41% year-over-year to $79.6 million, topping analyst expectations of $75.8 billion. That was fueled by 59% growth in Q1 subscription revenues.

For the full year, Cloudera sees adjusted earnings coming in at -$1.07 to -$1.04, with a midpoint slightly better than analysts’ calls for $1.07 per share. And revenues between $345 million and $350 million are better than the consensus mark of $338.1 million.

All in all, it was a fairly disappointing first effort for the company, which went public in May.