AP NEWS

Tableau: 4Q Earnings Snapshot

February 6, 2019

SEATTLE (AP) _ Tableau Software Inc. (DATA) on Tuesday reported a loss of $67.4 million in its fourth quarter.

The Seattle-based company said it had a loss of 80 cents per share. Losses, adjusted for stock option expense and pretax expenses, were 3 cents per share.

The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

The provider of analytics and data-visualization software posted revenue of $275.7 million in the period, which fell short of Street forecasts. Eleven analysts surveyed by Zacks expected $276.4 million.

For the year, the company reported that its loss widened to $277.2 million, or $3.36 per share. Revenue was reported as $982.9 million.

Tableau shares have risen 11 percent since the beginning of the year. The stock has risen 66 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DATA at https://www.zacks.com/ap/DATA

AP RADIO
Update hourly