Talend (NASDAQ:TLND) posted its quarterly earnings data on Wednesday. The technology company reported ($0.09) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.10) by $0.01, Briefing.com reports. Talend had a negative net margin of 19.77% and a negative return on equity of 190.77%. The company had revenue of $52.07 million for the quarter, compared to the consensus estimate of $51.84 million. During the same period last year, the company earned ($0.11) earnings per share. The firm’s revenue was up 32.2% compared to the same quarter last year. Talend updated its Q4 guidance to $(0.16)-(0.12) EPS.
TLND traded down $1.91 during trading on Friday, reaching $41.52. 1,220,223 shares of the stock were exchanged, compared to its average volume of 292,244. The company has a market cap of $1.75 billion, a price-to-earnings ratio of -41.52 and a beta of 0.74. Talend has a twelve month low of $35.46 and a twelve month high of $73.52. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.03.
A number of research firms have recently issued reports on TLND. Rosenblatt Securities downgraded shares of Talend from a “buy” rating to a “neutral” rating in a report on Thursday. Needham & Company LLC lowered their target price on shares of Talend from $71.00 to $68.00 and set a “buy” rating on the stock in a report on Thursday. KeyCorp restated a “buy” rating and set a $61.00 target price on shares of Talend in a report on Thursday. Barclays restated a “buy” rating and set a $70.00 target price on shares of Talend in a report on Friday. Finally, Citigroup set a $81.00 target price on shares of Talend and gave the stock a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $61.33.
Talend SA provides platform to address IT integration needs in various industries. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.
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