Talend Reports Second Quarter 2019 Financial Results
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Talend S.A (TLND) Tops Q2 EPS by 11c, Revenues Beat; Offers Q3 & FY19 Revenue Views Below Consensus, Q3 EPS Below Consensus
August 7, 2019 5:16 PM EDTTalend S.A (NASDAQ: TLND) reported Q2 EPS of ($0.21), $0.11 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $60.6 million versus the consensus estimate of $58.85 million.
Second Quarter 2019 Financial Results:
Annual Recurring Revenue (ARR) of $218.0 million, up 28% year-over-year or 29% on a constant currency basisTalend Cloud represented 43% of new ARR and Talend Cloud revenues grew more than 100% year-over-year for the twelfth consecutive quarterTotal revenue of $60.6 million, up 22% year-over-yearSubscription revenue of $52.9 million, up 26% year-over-year or 30% on a constant currency basisGAAP operating loss of $17.9 millionNon-GAAP... More