Talend S.A (TLND) Misses Q1 EPS by 1c, Beats on Revenues; Offers FY18 Revenue Outlook Above Consensus

Talend S.A (NASDAQ: TLND) reported Q1 EPS of ($0.19), $0.01 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $46.8 million versus the consensus estimate of $45.6 million.

Financial Outlook

Talend’s outlook assumes similar business conditions and foreign exchange rates as of March 31, 2018.

Our guidance is based on the new IFRS 15 revenue recognition standard which was adopted by Talend on January 1, 2018. See the section titled “New Revenue Recognition Standard Under IFRS 15” below.

Second quarter of 2018:

• Total revenue is expected to be in the range of $48.8 million to $49.8 million.
• Loss from operations is expected to be in the range of $(8.6) million to $(7.6) million and non-IFRS loss from operations is expected to be in the range of $(4.0) million to $(3.0) million.
• Net loss is expected to be in the range of $(8.9) million to $(7.9) million and non-IFRS net loss is expected to be in the range of $(4.3) million to $(3.3) million.
• Net loss per basic and diluted share is expected to be in the range of $(0.30) to $(0.26) and non-IFRS net loss per share is expected to be in the range of $(0.14) to $(0.11).
• Basic and diluted weighted average share count of 29.8 million shares.

Full year 2018:

• Total revenue is expected to be in the range of $202.6 million to $204.6 million.
• Loss from operations is expected to be in the range of $(32.4) million to $(30.4) million and non-IFRS loss from operations is expected to be in the range of $(13.8) million to $(11.8) million.
• Net loss is expected to be in the range of $(33.3) million to $(31.3) million and non-IFRS net loss is expected to be in the range of $(14.8) million to $(12.8) million.
• Net loss per basic and diluted share is expected to be in the range of $(1.11) to $(1.04) and non-IFRS net loss per share is expected to be in the range of $(0.49) to $(0.43).
• Basic and diluted weighted average share count of 30.0 million shares.

GUIDANCE:

Talend S.A sees FY2018 EPS of ($0.49)-($0.43), versus the consensus of ($0.49). Talend S.A sees FY2018 revenue of $202.6-204.6 million, versus the consensus of $201.48 million.

For earnings history and earnings-related data on Talend S.A (TLND) click here.

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