Welcome to our dedicated page for TLND news (Ticker: TLND), a resource for investors and traders seeking the latest updates and insights on TLND stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TLND's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TLND's position in the market.
Talend (NASDAQ: TLND) has appointed Elissa Fink and Ryan Kearny to its board of directors. Fink, former CMO of Tableau, brings extensive marketing expertise, while Kearny has over two decades of experience in product and engineering leadership roles. These appointments follow prior board resignations and aim to enhance Talend's growth and innovation strategies. Talend CEO Christal Bemont expressed gratitude towards former board member Mark Nelson for his contributions. The company focuses on data integration and integrity, targeting future growth towards becoming a billion-dollar revenue entity.
Talend reported a record quarterly revenue of $72.7 million for Q3 2020, marking a 16% year-over-year increase. The company’s Annual Recurring Revenue (ARR) reached $268.9 million, up 20% year-over-year, while Cloud ARR surged 113% to $87.8 million. Despite these gains, Talend reported a GAAP operating loss of $18.2 million. Looking ahead, the company projects Q4 revenue between $74.2 million and $75.2 million and anticipates a non-GAAP operating loss of ($9.5) million to ($8.5) million.
Talend (NASDAQ:TLND) will conduct a virtual Investor Day on November 18, 2020, from 9:00 a.m. to 12:30 p.m. Pacific Time. The management team will present the company's future vision, go-to-market strategy, and financial prospects. Attendees must register in advance to participate. The event will be live-streamed and available for replay on Talend's Investor Relations website. Talend is renowned for its Data Fabric platform, which integrates data governance and ensures real-time access to reliable data for over 4,750 organizations globally.
Talend (NASDAQ:TLND) announced the release of its financial results for the third quarter ended September 30, 2020, scheduled for November 9, 2020, after market close. A conference call for analysts and investors will be held at 1:30 p.m. Pacific Time on the same day. The financial results report will be available on Talend’s website prior to the call. Talend continues to be recognized as a leader in data integration and data integrity, with over 4,750 organizations globally relying on its data solutions.
On October 7, 2020, Covanta, a sustainable waste management company, announced its collaboration with Talend (NASDAQ: TLND) to enhance its data management capabilities. Covanta aims to utilize the Covanta Data Hub to streamline its operations by integrating IoT data from its 41 facilities. This partnership is expected to yield a 10% annual cost savings in maintenance. Talend's solutions will enhance data trust, real-time access, and reporting efficiencies, ultimately improving workplace safety and operational performance.
Talend has appointed Jamie Kiser as the new Chief Operating Officer (COO) and Chief Customer Officer (CCO), expanding her strategic and operational responsibilities. Kiser will lead Talend’s IT, security, and business transformation efforts, while continuing to oversee customer-facing functions. Her previous experience at SAP included senior roles that focused on operational leadership and transformation. Talend aims to enhance its cloud business globally and strengthen its position as a strategic partner for enterprises.
Talend (NASDAQ: TLND) has appointed Krishna Tammana as its new Chief Technology Officer. Previously the VP of Engineering at Splunk, Tammana will focus on scaling Talend's product and engineering teams. CEO Christal Bemont emphasized the importance of innovation in driving the company's growth amid rapid digital transformation. Tammana brings extensive experience from his decade-long tenure at Splunk, where he contributed to its growth from $80 million to over $2 billion in revenue. Talend aims to redefine the data market with its comprehensive data integration solutions.
Talend (NASDAQ: TLND) announced a major update to its Talend Data Fabric, introducing the Talend Trust Score, which assesses data reliability in real-time across multi-cloud and on-premise settings. This first-of-its-kind measure focuses on data health, helping organizations improve decision-making speed, reduce costs, and enhance revenue by ensuring data integrity. With features like automatic data indexing and AI-driven insights, the Talend Trust Score aids businesses in navigating data governance and operational challenges. The new functionalities will be available in Q4.
Talend (NASDAQ: TLND) has been recognized again as a Leader in the 2020 Gartner Magic Quadrant for Data Integration Tools, marking the fifth consecutive time in this category. This recognition highlights Talend's ability to execute and vision completeness vital for data integration. Gartner noted a growing demand for hybrid/multi-cloud data management. Talend's Data Fabric platform is designed to enhance business decision-making through real-time, uncompromised data access. Over 4,750 organizations globally trust Talend to manage their data.
