Please ensure Javascript is enabled for purposes of website accessibility

Why Talend SA Stock Popped Today

By Timothy Green - Feb 14, 2018 at 12:23PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The company edged out analyst expectations.

What happened

Shares of Talend SA (TLND) jumped on Wednesday after the cloud and big data integration solutions provider reported solid fourth-quarter results. Double-digit growth matched analyst expectations, and the company posted a loss that was smaller than expected. Talend stock was up about 8.2% at 11:30 a.m. EST, after being up as much as 14.7% earlier in the day.

So what

Talend reported fourth-quarter revenue of $41.5 million, up 36% year over year and in line with the average analyst estimate. Subscription revenue jumped 40% year over year, or 34% adjusted for currency, to $35.2 million. In the Asia-Pacific region, subscription revenue more than doubled for the third quarter in a row.

A rising stock chart.

Image source: Getty Images.

Non-IFRS net income came in at a loss of $0.28 per share, down from a loss of $0.13 per share during the prior-year period but $0.01 better than analysts were expecting. A 44% jump in GAAP operating expenses more than offset the higher revenue, pushing down the bottom line.

During the fourth quarter, Talend collaborated with system integrator Capgemini, worked with Amazon and Cognizant to streamline the deployment of Cloud Data Lakes on AWS, and achieved Microsoft Gold Cloud Competency and Co-Sell Partner status.

Now what

Talend expects to produce between $45.3 million and $46.3 million of revenue during the first quarter, along with a non-IFRS loss per share between $0.16 and $0.20. For the full year, the company anticipates revenue between $200 million and $202 million, and a non-IFRS loss per share between $0.44 and $0.48.

Talend CEO Mike Tuchen expects 2018 to be another solid year: "As we enter 2018, we believe the success we are experiencing with enterprise adoption demonstrates our ability to capture an increasing share of the big data and cloud integration market."

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Talend Stock Quote

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 07/04/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.