Tableau Software revenue and EPS exceeded analysts’ expectations
In the prior part of this series, we looked at Teradata’s (TDC) dismal performance in fiscal 3Q15. Tableau Software (DATA), a big data company, announced its fiscal 3Q15 earnings on November 5, 2015. The company reported revenues and non-GAAP (generally accepted accounting principles) EPS (earnings per share) of $170.8 million and $0.14, respectively. The company’s revenues and EPS exceeded analysts’ expectations by $13.1 million and $0.07 per share, respectively.
Its $170.8 million in revenues for fiscal 3Q15 grew 63.5% on a year-over-year basis, while its EPS of $0.14 doubled analysts’ expectations.
Tableau Software’s business overview
Tableau Software provides data visualization for companies such as Google (GOOG), LinkedIn (LNKD), and Bank of America (BAC). Increasing demand for business analytics tools has benefited the company in posting revenue growth. The company has partnered with Deloitte, PostUp, and NetSuite (N) to provide analytics solutions.
The company focuses on the international market outside the United States and Canada. It generates 25% of its total revenues from the international market. In 3Q15, the company’s international revenue grew 75% on a year-over-year basis to $42.2 million.
For fiscal 4Q15 and full year 2015, Tableau expects revenue in the range of $195–$200 million and $645–$650 million, respectively.
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