Attunity (ATTU) Misses Q3 EPS by 13c; Trims FY16 Revenue Outlook

November 2, 2016 7:53 AM EDT
Get Alerts ATTU Hot Sheet
Trade ATTU Now!
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

Attunity (NASDAQ: ATTU) reported Q3 EPS of ($0.10), $0.13 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $13 million versus the consensus estimate of $14.92 million.

Cash and cash equivalents were $8.9 million as of September 30, 2016, same as of June 30, 2016. During the third quarter of 2016 we generated positive cash flow from operations of $1.0 million, which was offset by a final earn-out payment of $0.75 million to former Hayes Technology Group shareholders, compared with positive cash flow from operations of $0.4 million for the same period in 2015.


Attunity sees FY2016 revenue of $52.5-55.0 million, versus prior guidance of $58-62 million and the consensus of $57.4 million.

For earnings history and earnings-related data on Attunity (ATTU) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Guidance, Hot Guidance

Related Entities


Add Your Comment