On a per-share basis, the Seattle-based company said it had a loss of 40 cents. Earnings, adjusted for one-time gains and costs, came to 16 cents per share.
The results exceeded Wall Street expectations. The average estimate of 19 analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The provider of analytics and data-visualization software posted revenue of $206.1 million in the period, missing Street forecasts. Eleven analysts surveyed by Zacks expected $213.4 million.
Tableau shares have decreased 47 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $49.51, a decline of 43 percent in the last 12 months.
No comments:
Post a Comment