Tag Archives: hdp

Hortonworks Comes Through By Beating Q2 Estimates

Hortonworks (HDP) came through for investors who had bid up the Hadoop pioneer prior to the close Wednesday, issuing an after-hours earnings Q2 report that beat Wall Street estimates and offered revenue forecasts that strode past current views. Hortonworks reported adjusted losses of 80 cents a share, less than one-sixth the $5.26 loss in Q2 2014, and 4 cents ahead of forecasts from analysts polled by Thomson Reuters. The company’s revenue jumped

Hortonworks Aims To Get Investors In Tune With Hadoop

Investors might want to know how soon Hortonworks (HDP) can deliver on the promise of Hadoop, but they shouldn’t necessarily look at the company’s second-quarter earnings Wednesday for an answer. Despite an encouraging contract with data storage giant EMC Corp (EMC) announced Tuesday, Hortonworks is expected to report a loss of 84 cents a share for Q2 Quarterly losses are at least into next year and likely into 2017, according to estimates of

Hadoop Market Gets Thumbs Up; Hortonworks More Iffy

Hadoop is hot, but one investment bank is unsure whether that description also applies to Hortonworks (HDP) despite hiking its price target on the stock. Hortonworks is the first publicly traded provider of Hadoop, an increasingly popular type of open-source software optimized for processing large amounts of data. Hadoop poses a challenge for database leaders Oracle (ORCL) and others in this field. Hortonworks launched its IPO in December at 16