LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) continues its 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. To obtain information or aid in the investigation, please visit the Tintri investigation page on our website at www.glancylaw.com/case/tintri-inc.
On June 30, 2017, the Company commenced its initial public offering of shares for $7.00 per share.
Then, on September 7, 2017, its first quarter reporting as a publicly traded company, Tintri announced poor 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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