What happened Shares of cloud integration-solutions specialist Talend (NASDAQ: TLND) jumped on Friday, rising as much as 10.7%. As of 11:23 a.m. EDT, however, the stock was up 8.4%. The stock's gain follows Talend's second-quarter earnings release on Thursday afternoon. Shares of the growth stock are likely up primarily because the company's top and bottom lines for the quarter were both better than expected. In addition, the company provided a stronger-than-expected outlook for the full year. Image source: Getty Images. So what Talend reported second-quarter revenue of $67.7 million, up 12% year over year. Its non-GAAP (adjusted) loss per share for the period was $0.24. Analysts, on average, expected revenue of $66.3 million and a non-GAAP loss per share of $0.31. Also worth noting, the annualized recurring value of all cloud-based subscription contracts at the end of the period was $75 million, up $128% year over year. "We had strong execution across new business and retention as well as our Enterprise and volume business," said Talend CEO Christal Bemont in the company's second-quarter earnings release. Now what Management provided an optimistic view for the rest of the year, guiding for revenue between $277.5 million and $279.5 million. This compares with a consensus analyst forecast for $272 million. Management also notably recommitted to its pre-COVID-19 target to reach a value of $100 million of annualized recurring cloud-based subscription contracts by the end of 2020. 10 stocks we like better than TalendWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Talend wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 1, 2020 Daniel Sparks has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Talend. The Motley Fool has a disclosure policy.Source