Talend Sustains Its Impressive Cloud Momentum
Talend (NASDAQ: TLND) released better-than-expected second-quarter 2019 results after the market closed Wednesday, showcasing continued momentum in its shift to a recurring-revenue model thanks again to the strength of its burgeoning cloud solutions.
And while the cloud integration specialist followed by reducing its full-year revenue outlook for the second time in as many quarters, management was quick to explain the encouraging source of its downward revision. With shares up more than 15% in after-hours trading, let's dig deeper to see what Talend accomplished over the past few months, and what investors should watch for the rest of the year.
Image source: Getty Images.
Quelle Fool.com
