-=Talend (TLND) reported earnings on Wed 7 Nov 2018 (a/h)

Talend beats by $0.01, reports revs in-line; guides Q4 EPS below consensus, revs in-line; to acquire Stitch for $60 mln

Reports Q3 (Sep) loss of $(0.09) per share, excluding non-recurring items, $0.01 better thanthe S&P Capital IQ Consensus of ($0.10); revenues rose 32.2% year/year to $52.07 mln vs the $51.84 mln S&P Capital IQ Consensus.

Co issues guidance for Q4, sees EPS of $(0.16)-(0.12), excluding non-recurring items, vs. ($0.09) S&P Capital IQ Consensus; sees Q4 revs of $56.6-57.4 mln vs. $56.73 mln S&P Capital IQ Consensus.

Co also enters into a definitive agreement to acquire Stitch, a leader in the fast-growing, self-service data integration market. Talend will acquire Stitch for approximately $60 mln in cash, should close later in Q4.