BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Tintri, Inc. (“Tintri” or the “Company”) (NASDAQ: TNTR) investors concerning the Company and its officers’ possible violations of federal securities laws.
On June 30, 2017, the Company commenced its initial public offering of shares for $7.00 per share.
On September 7, 2017, Tintri announced its second quarter results, reporting revenue at the low end of analysts’ expectations and weaker than expected third quarter guidance. The Company now projects revenues to increase just slightly quarter over quarter to $36-$37 million compared to expectations of $42.5 million.
On this news, Tintri’s stock price fell over 31% to close at $4.55 per share on September 8, 2017.
If you purchased Tintri securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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