What happened Shares of Cloudera (NYSE: CLDR) dropped sharply this morning after the company reported its fourth-quarter and fiscal year 2021 results. Despite a strong fourth quarter, investors were upset with the tech stock's guidance for the current fiscal year. The stock was down by 14.3% as of 10:28 a.m. EST. So what Cloudera reported non-GAAP (adjusted) diluted earnings of $0.15 per share in the fourth quarter, which easily beat Wall Street's consensus estimate of $0.11 per share. The company's fourth-quarter sales of $226.6 million also surpassed analysts' consensus estimate of $221.4 million. Image source: Getty Images. Cloudera's subscription revenue jumped 14% year over year, and its annualized recurring revenue (ARR) increased 10% in the fourth quarter. The company's CEO, Rob Bearden, said that its Cloudera Data Platform "demonstrated significant momentum in the quarter" and represents more than 15% of the company's total customers now. But despite the revenue and earnings beat, investors appeared disappointed with the tech company's full-year guidance. Now what Cloudera management issued fiscal year 2022 guidance between $907 million and $927 million and earnings between $0.35 and $0.39. But analysts were estimating sales of $948 million and earnings of $0.48 per share. Despite management issuing guidance that's lower than Wall Street's expectations, investors may want to focus more of their attention on the company's strong fourth-quarter and full-year 2021 performance, rather than selling the stock based on analysts' future predictions. 10 stocks we like better than Cloudera, Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Cloudera, Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source