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From: JakeStraw11/17/2017 12:40:51 PM
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Talend Reports Third Quarter 2017 Financial Results
markets.siliconinvestor.com
“We achieved record revenue for the third quarter of 2017 of $38.4 million, up 40% year-over-year,” said Mike Tuchen, Talend CEO. “Our subscription revenue grew 44% year-over-year, and we significantly improved our operating margins over the same period. Our solid financial results are driven by market recognition of our technical leadership and success with large enterprise customers. Recently, we followed up being positioned as a Leader by Gartner in the Magic Quadrant for Data Integration Tools by being named a Leader in the Magic Quadrant for Data Quality Tools. We view the further recognition by Gartner as proof of our ability to execute and continually deliver solutions that meet the rapidly evolving data demands of modern business.”
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