Attunity (ATTU) CEO Shimon Alon on Q3 2014 Results

Attunity (ATTU) CEO Shimon Alon on Q3 2014 Results

Attunity announced yesterday record financial results for the 3rd quarter. “This includes record total revenue, record license revenue, and record revenue attributed to our office. Total non-GAAP revenue grew 44% year-over-year, and reached a new quarterly high of $9.5 million and license revenue grew 82% to $5.5 million,” said CEO Shimon Alon during an earnings call. “And while we continue to increase our investment in global sales and marketing, we achieved non-GAAP operating income of $1.2 million in the quarter. Indicative of this success is our flagship Big Data solution, Attunity Replicate, which grew license revenue by 50% year-over-year.”

“The growth drivers for the quarter includes sales and market efforts are highly competitive a new Big Data products and the value relationship we have developed with our go-to-market and OEM partners. That continues to contribute sizable revenues to us. During the quarter, the sales people closed a greater number of larger businesses with both new and existing customers. We are pleased report that every salesman in each territory closed orders during the quarter, and generated increased momentum for the fourth quarter of 2014 and beyond.”

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http://seekingalpha.com/article/2625495-attunity-attu-ceo-shimon-alon-on-q3-2014-results-earnings-call-transcript?uprof=52&dr=1