Attunity Reports Fourth Quarter and Full Year 2018 Results

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Attunity (ATTU) PT Raised to $30 at Ladenburg Thalmann

January 31, 2019 2:06 PM EST

Ladenburg Thalmann analyst Glenn Mattson raised the price target on Attunity (NASDAQ: ATTU) to $30.00 (from $25.00) while maintaining a Buy rating following another solid quarter.

Mattson notes gains from compose boost growth.

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Attunity (ATTU) Tops Q4 EPS by 6c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

January 31, 2019 6:14 AM EST

Attunity (NASDAQ: ATTU) reported Q4 EPS of $0.17, $0.06 better than the analyst estimate of $0.11. Revenue for the quarter came in at $26 million versus the consensus estimate of $23.86 million.

"The fourth quarter was a very strong end to a record year for Attunity. In the quarter, we achieved license revenue growth of 67% year-over-year and total revenue growth of 42% year-over-year," stated Shimon Alon, Chairman and CEO of Attunity. "We won a record number of strategic deals, demonstrating the value of our solution to companies building modern analytics and cloud solutions. In addition, we are... More