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Why Talend Stock Soared Today


Shares of Talend (NASDAQ: TLND) were up 17.4% as of 11:45 a.m. EDT Thursday after the cloud integration solutions specialist announced strong second-quarter 2019 results.

More specifically, Talend's quarterly revenue climbed 21.8% year over year to $60.6 million, translating an adjusted net loss of $6.4 million, or $0.21 per share. Both the top and bottom lines arrived above Talend's own guidance, which called for a per-share loss of $0.35 to $0.31 on revenue of $59.8 million.

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Quelle Fool.com

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