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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

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