Talend (NASDAQ:TLND) Releases FY 2019 Earnings Guidance

Talend (NASDAQ:TLND) updated its FY 2019 earnings guidance on Wednesday. The company provided EPS guidance of $-1.01–0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.89. The company issued revenue guidance of $248-250 million.Talend also updated its FY19 guidance to ($1.01)-($0.95) EPS.

Several analysts have issued reports on the company. BidaskClub upgraded Talend from a sell rating to a hold rating in a report on Friday, March 15th. Zacks Investment Research cut Talend from a hold rating to a sell rating in a report on Wednesday, May 15th. KeyCorp raised their target price on Talend from $52.00 to $65.00 and gave the company an overweight rating in a report on Monday, April 8th. Finally, ValuEngine raised Talend from a hold rating to a buy rating in a research report on Monday, March 11th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. Talend has a consensus rating of Hold and a consensus target price of $64.83.

TLND traded down $0.95 during trading on Friday, hitting $47.35. 930 shares of the stock were exchanged, compared to its average volume of 155,785. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of -38.60 and a beta of 0.20. Talend has a 1-year low of $31.35 and a 1-year high of $73.52. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.03.

Talend (NASDAQ:TLND) last released its quarterly earnings results on Wednesday, May 8th. The technology company reported ($0.32) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.07. Talend had a negative return on equity of 168.43% and a negative net margin of 22.24%. The company had revenue of $57.84 million for the quarter, compared to analyst estimates of $56.59 million. During the same quarter in the previous year, the company posted ($0.18) earnings per share. The firm’s revenue was up 23.6% compared to the same quarter last year. Equities analysts expect that Talend will post -1.67 EPS for the current fiscal year.

In related news, COO Laurent Bride sold 3,483 shares of Talend stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $47.92, for a total transaction of $166,905.36. Following the completion of the transaction, the chief operating officer now directly owns 174,819 shares of the company’s stock, valued at $8,377,326.48. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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About Talend

Talend SA provides software platform to address IT integration needs in various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.

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