Talend Reports Fourth Quarter and Fiscal Year 2018 Financial Results
Talend SA ADS (TLND)
Last talend sa ads earnings: 2/13 04:05 pm
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Source: GlobeNewswire
REDWOOD CITY, Calif., Feb. 14, 2019 (GLOBE NEWSWIRE) -- Talend (NASDAQ: TLND), a global leader in cloud data integration and integrity solutions, today released financial results for the fourth quarter and fiscal year ended December 31, 2018. “We finished 2018 with record fourth quarter subscription revenue of $48.4 million, up 38% year-over-over and grew total revenue for the full year by 38%,” said Mike Tuchen, Chief Executive Officer. “As we scale our business, we are increasingly focused on the cloud opportunity and have expanded our go to market capabilities with the addition of a self-service, frictionless channel to land new cloud customers. We believe we are entering 2019 well positioned to capture an increasing share of the data integration market.” Key financial and operational highlights from the quarter: Achieved Annualized Recurring Revenue (“ARR”) of $198.1 million for the period ended December 31, 2018, representing growth of 33% from December 31, 2017.Talend Clo
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