Talend S.A. | $TLND Stock | Shares Crash Down On Lower Than Expected Second Quarter Earnings Numbers


Talend S.A.  (NASDAQ: TLND)



Talend S.A. (TLND), a global leader in cloud and big data integration software yesterday announced their second quarter 2016 financial results. Talend reported second quarter earnings of a loss of $1.84 per share while analysts were expecting a loss of only $0.34 per share. Talend reported second quarter revenues increased 38% year over year to $25.4 million which beat analyst expectations of $24.4 million.   


Talend S.A. CEO’s Comments

“We achieved record revenue for the second quarter of 2016 of $25.4 million, accelerating to 38% year-over-year growth from 34% in the first quarter of 2016,” said Mike Tuchen, Talend CEO. “Our strong results were driven by our cloud and big data solutions, with combined revenues continuing to grow over 100% year-over-year. Following our successfully completed IPO in July, we are pleased to have recently been named as a leader in the Gartner Magic Quadrant for Data Integration Tools. With our flexible product architecture, we believe Talend is well positioned to capitalize on the growing trend of Hadoop, Spark, and cloud adoption as organizations look to leverage their data to optimize every aspect of their business.”  Business Wire


TLND Technical Analysis

Talend S.A.

TLND opened trading yesterday at $28.79 which was up from the previous days trading of $28.60. TLND closed trading yesterday at $30.18 and crashed down after market to $24.89, equivalent to a 18% decrease from the closing price. TLND is a recent IPO stock so we don’t have historical prices to compare the current drop in price. With this drop in price TLND has fallen below its IPO price of $25.50. TLND traded 1.13 times the normal daily trading volume on Thursday. For trading purposes, I would like to see TLND open trading on Friday below $26.75 and if it does I would be looking to take a short position at the bell. My stop loss would be $0.35 from my entry position fearing anything more than that and the stock would start to fill in the gap up.


Company Profile

Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager. Its free products are Data Preparation and Talend Open Studio, including Open Studio for Big Data, Open Studio for Data Integration, Open Studio for Data Quality, Open Studio for ESB and Open Studio for MDM. Its product, Talend Data Fabric, is a data platform. Talend Data Fabric combines big data, data integration, cloud, reference data management, data preparation and application integration in a single platform with a common development environment and management.  Reuters