initial public offerings (IPOs) trading on American exchanges

Thursday, September 7, 2017

Tintri (TNTR) reported earnings on Thur 7 Sept 17 (a/h)

Tintri, Inc. is an American information technology company based in Mountain View, California. Tintri provides products designed for Enterprise Cloud, virtual machines, and containers.
  • Founded: 2008
  • June 30, 2017 IPO

Tintri beats by $0.07, misses on revs; guides OctQ EPS in-line, revs below consensus
  • Reports Q2 (Jul) loss of $0.91 per share, excluding non-recurring items, $0.07 better than the Capital IQ Consensus of ($0.98); revenues rose 26.5% year/year to $34.87 mln vs the $35.68 mln Capital IQ Consensus.
  • Co issues guidance for Q3 (Oct), sees EPS of $(0.81)-(0.77), excluding non-recurring items, vs. ($0.79) Capital IQ Consensus Estimate; sees Q3 revs of $36-37 mln vs. $41.3 mln Capital IQ Consensus Estimate.
  • "While the company's revenue came in at the low end of our expectations, we delivered stronger than projected profitability and cash flow improvements...We remain confident in our competitive position and in the strength of our value proposition."
  • "In the quarter we received the largest order in the company's history and added new enterprise logos. Additionally, we experienced continued momentum in our land-and-expand strategy with more purchases from current customers. We enter the second half of our fiscal year having just announced a new all-flash platform and additional software offerings-these further enhance our differentiation and better enable our customers to transition to the enterprise cloud."


Tintri provides an enterprise cloud platform that helps companies manage their storage and databases and automate IT tasks. The start-up is backed by investors like Lightspeed Venture Partners, New Enterprise Associates and Silverlake Kraftwerk.

With more than 1,300 customers, Tintri posted revenue of $125.1 million in the latest fiscal year, up from $86 million in the prior year. But the company also reported a net loss of $105.8 million last year, steeper than the $101 million loss in the previous year.

Tintri is one of several enterprise technology companies to go public this year amid a renewed interest in the IPO market. Cloudera (CLDR), Appian (APPN) and Alteryx (AYX) started trading in the first half of the year.

Key stats and ratios

Q2 (Apr '17)2017
Net profit margin-101.07%-84.57%
Operating margin-96.49%-80.56%
EBITD margin--73.12%
Return on average assets-121.84%-80.44%
Return on average equity--

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