Updated at 4:38 p.m. Pacific to remove references to Cloudera’s customer base. A Cloudera spokeswoman says Cloudera and Hortonworks count customers differently.
Hortonworks, a company selling a distribution of the open-source Hadoop big-data software, announced $12.7 million in revenue for the fourth quarter of 2014, falling short of analysts’ estimates of $13.42 million in its first-ever earnings release today.
The company’s non-GAAP net loss for the quarter came in at $2.19 per share. That doesn’t compare well with the $2.04 per share net loss that analysts were expecting.
On a GAAP basis, the company registered a $90.6 million loss for the quarter.
But hey, billings were up 148 percent year over year, as the company called out in a statement.
And the company is touting a total of 332 subscription customers, with 99 new customers in the fourth quarter, a Hortonworks spokesman told VentureBeat after the earnings release came out.
Hortonworks debuted on the Nasdaq on Dec. 12, enjoying a 50 percent stock share price increase out of the gate that morning in New York after raising $100 million in its initial public offering. In December the stock first started trading at $24. Today the stock, trading under the symbol HDP, closed at $24.61.
Today’s results from Hortonworks follow last week’s strong first-ever earnings report from software analytics company New Relic. New Relic and Hortonworks, incidentally, went public on the same day.
Last week Hortonworks picked up a significant partnership with Pivotal, which moved to open-source key Hadoop technologies.