Tintri, Inc. (NASDAQ: TNTR) reported Q2 EPS of ($0.91), $0.02 better than the analyst estimate of ($0.93). Revenue for the quarter came in at $34.9 million versus the consensus estimate of $35.68 million.

Third Quarter Fiscal 2018 Financial Outlook

As we look ahead, we are providing the following outlook for the quarter ending October 31, 2017. We expect:

• Revenue in the range of $36 to $37 million;
• Non-GAAP loss per share in the range of ($0.77) to ($0.81), using 31.2 million weighted-average shares outstanding.

GUIDANCE:

Tintri, Inc. sees Q3 2018 EPS of ($0.81)-($0.77), versus the consensus of ($0.79). Tintri, Inc. sees Q3 2018 revenue of $36-37 million, versus the consensus of $42.82 million.

Q2 Key Quarterly Business and Financial Highlights

• Quarterly revenue: $34.9 million, up 27% year-over-year.
• Net Loss per Share Attributable to Common Stockholders: ($2.05) per share GAAP, improved from ($7.53) per share in the year-ago quarter; and ($0.91) per share non-GAAP, improved from ($1.03) per share in the year-ago quarter.
• Cash and cash equivalents, and short-term investments: $80.6 million as of July 31, 2017, compared to $48.0 million as of January 31, 2017.
• New customers: added new enterprise and CSP customers, increasing total customer count to over 1,400.
• Launched new enterprise cloud offerings: Tintri EC6000 all-flash storage platform, Tintri Cloud Connector for integration to Amazon Web Services and IBM Cloud Object Storage, and advancements to machine learning-powered Tintri Analytics.
• Announced integration with Cisco UCS Director.

For earnings history and earnings-related data on Tintri, Inc. (TNTR) click here.