Talend S.A (TLND) Reports In-Line Q2 EPS, Revenues Beat; Offers FY18 Guidance

Talend S.A (NASDAQ: TLND) reported Q2 EPS of ($0.12), in-line with the analyst estimate of ($0.12). Revenue for the quarter came in at $49.8 million versus the consensus estimate of $49.22 million.

“We achieved record revenue for the second quarter of $49.8 million, delivering 39% year-over-year growth and substantial improvement to our operating margin,” said Mike Tuchen, Talend CEO. “We continue to see our cloud business accelerate with cloud subscription growing over 100% year-over-year for the eighth consecutive quarter. With the launch of our Summer 2018 release, which enhances enterprise cloud capabilities, we believe we are well positioned for continued cloud momentum. We were pleased to receive market recognition by being named a leader in Forrester Research’s Big Data Fabric Wave 2018 report, earning the highest scores of any vendor in both the Current Offering and Strategy categories. We also secured a position as a leader in the 2018 Gartner Magic Quadrant for Data Integration Tools for the third consecutive time.”

GUIDANCE:

Talend S.A sees FY2018 EPS of ($0.52)-($0.45), versus the consensus of ($0.47). Talend S.A sees FY2018 revenue of $204.6-206.6 million, versus the consensus of $203.28 million.

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

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