Talend Reports Third Quarter 2018 Financial Results
Talend SA ADS (TLND)
Last talend sa ads earnings: 2/13 04:05 pm
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Source: GlobeNewswire
-Record total quarterly revenue of $52.1 million, an increase of 36%* year-over-year -Quarterly subscription revenue of $44.6 million, an increase of 36%* year-over-year REDWOOD CITY, Calif., Nov. 07, 2018 (GLOBE NEWSWIRE) -- Talend (NASDAQ: TLND), a global leader in cloud and big data integration solutions, today released financial results for the third quarter ended September 30, 2018. “We delivered record revenue of $52.1 million for the third quarter of 2018, up 36% year-over-year,” said Mike Tuchen, Talend CEO. “Our cloud business momentum continued during the quarter with cloud subscription growing over 100% year-over-year for the ninth consecutive quarter. We crossed an important milestone in the quarter with our total customer count exceeding 2,000. In addition, we strengthened our product offerings with our Talend Fall 2018 release, which further extends our competitive differentiation and market leadership. We are also excited to announce the acquisition of Stitch whic
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