Talend Tempers Guidance (Again) as Recurring Revenue Soars

Talend (NASDAQ: TLND) announced third-quarter 2019 results on Wednesday after the markets closed, detailing an enviable combination of new customer growth, the sustained strength of its budding cloud platform, and its continued shift toward recurring sales.

After briefly jumping in Thursday's early trading, however, shares of the cloud-integration technology leader gave up their gains to trade down around 1% this afternoon as of this writing. Let's dive in, then, for a better understanding of what drove Talend this quarter, starting with its headline numbers:

Q3 2019

Source Fool.com