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

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Attunity Reports Third Quarter 2016 Results

November 2, 2016 7:51 AM EDT

BURLINGTON, Massachusetts, November 2, 2016 /PRNewswire/ -- Attunity, Ltd. (NasdaqCM: ATTU), a leading provider of Big Data management software solutions, today reported its unaudited financial results for the three-month period ended September 30, 2016.

"After 12 consecutive quarters of year-over-year growth, our third quarter 2016 results were below our internal expectations and not reflective of the market potential we believe exists. In 2016, we closed several larger and strategic deals with global companies, as our technology is well aligned with modern Big Data architectures and customer needs. This quarter, while we... More