Talend S.A. (NASDAQ:TLND) Q3 2019 Earnings Conference Call - Final Transcript

Nov 06, 2019 • 04:30 pm ET


Talend S.A. (NASDAQ:TLND) Q3 2019 Earnings Conference Call - Final Transcript


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Good day and welcome to the Talend's Third Quarter 2019 Earnings Call. [Operator Instructions].

At this time I would like to turn the conference over to Ms. Lauren Sloane. Please go ahead ma'am.

Lauren Sloane

Thank you. This is Lauren Sloane Investor Relations for Talend and I'm pleased to welcome you to Talend's Third Quarter Fiscal Year 2019 Conference Call. With me on the call today is Talend's CEO Mike Tuchen; and CFO Adam Meister. During the course of today's presentation our executives will make forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally relate to future events or future financial or operating performance and involve known and unknown risks uncertainties and other factors that may cause our actual results performance or achievements to differ materially from those contemplated by these forward-looking statements. Forward-looking statements in this presentation include but are not limited to statements related to our business and financial performance and expectations and guidance for future periods our expectations regarding our strategic product initiatives and the related benefits and our expectations regarding the market. Our expectations and beliefs regarding these matters may not materialize and actual results in the future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected.

These risks include those set forth in the press release that we issued earlier today as well as those more fully described in our filings with the Securities and Exchange Commission. The forward-looking statements in this presentation are based on the information available to us as of the date hereof. You should not rely on them as predictions of future events and we disclaim any obligation to update any forward-looking statements except as required by law. Please note that other than revenue or as otherwise specifically stated the financial measures to be disclosed on this call will be on a non-GAAP basis. The non-GAAP financial measures are not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. We have provided a reconciliation of historical non-GAAP financial measures to the most directly comparable GAAP financial measures in our press release. Talend customers that are referenced by name today do not endorse any vendor product or service and do not advise any company on selection or use of technologies product services or vendors.

Now let me turn the call over to Mike Tuchen Talend's CEO.

Mike Tuchen

Thanks Lauren and thank you all for joining us today. We reported solid third quarter results. We continue to execute well on our cloud transition with strong momentum and adding new cloud customers. We're laying a foundation for future growth from both new customer adoption as well as existing customers expanding their use of talent. We continue to believe that cloud will drive the majority of future growth in the data integration market and the progress we've made in our cloud business positions as well to continue to gain market share. In the third quarter, we achieved record