Tableau: 2Q Earnings Snapshot
Aug. 02, 2018
SEATTLE (AP) _ Tableau Software Inc. (DATA) on Thursday reported a loss of $59.6 million in its second quarter.
On a per-share basis, the Seattle-based company said it had a loss of 72 cents. Earnings, adjusted for stock option expense and pretax expenses, came to less than 1 cent on a per-share basis.
The average estimate of 14 analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The provider of analytics and data-visualization software posted revenue of $243.6 million in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $236.4 million.
Tableau shares have climbed 59 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $110.16, a climb of 72 percent in the last 12 months.