Plus   Neg

Tableau Software Slips To Q3 Loss, But Shares Up 9% - Quick Facts

Tableau Software, Inc. (DATA) reported a third-quarter net loss of $4.63 million or $0.07 per share, compared to net income of $2.44 million or $0.03 per share in the prior-year quarter.

Excluding items, adjusted net income for the latest quarter was $3.88 million or $0.06 per share, compared to $5.55 million or $0.08 per share in the year-ago quarter.

On average, 18 analysts polled by Thomson Reuters expected the company to report a loss of $0.06 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter surged 71 percent to $104.47 million from $61.08 million in the same quarter last year, driven by strong customer growth and product adoption. Analysts expected revenue of $94.44 million for the quarter.

License revenue was $69.8 million, up 66 percent year over year, and international revenue was up 115 percent year over year. The company added more than 2,500 new customer accounts.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Galaxy Entertainment Group (WYNN) Friday announced that it has agreed to purchase 5.3 million primary shares of Wynn Resorts Ltd. at a price of $175 a share, resulting in $927.50 million of gross proceeds to Wynn Resorts. The two sale, combined with a previous sale effectively eliminate ownership of founder and former CEO Steve Wynn in Wynn Resorts. Starbucks wants to be more efficient but it is risking the fragile loyalty of its most devoted customers. The ubiquitous chain plans a major push to get coffee lovers to use its mobile app to place their orders, but regulars prefer to buy their lattes by waiting in the queue. According to reports,... Taco Bell, the Mexican fast-food chain owned by Yum Brands Inc. (YUM), Thursday said it will start selling tortilla chips in grocery and convenience stores starting May. The chips will be available in Fire and Mild sauce packet flavors and also in a Classic flavor. "This launch of our first line...
comments powered by Disqus
Follow RTT