Tableau posts mixed Q2 results but continues to attract new customers
Data visualization software company Tableau posted mixed second quarter results on Tuesday, with a net loss of $0.3 million, or $0.00 per share, on revenues of $198.5 million.
Wall Street was expecting earnings of 5 cents per share on revenues of $193.8 million. In Q2 2015, the company reported earnings of 7 cents per share on revenue of $149.86 million.
While missing earnings estimates, the company pulled in more than 3,900 new customer accounts for the quarter, amounting to its highest-ever quarterly addition of new accounts. The company now has 46,000 customer accounts.
"Overall, we are pleased with our second quarter results as they demonstrate that the move to visual analytics continues to thrive," said CEO Christian Chabot in a statement. "Our results demonstrate that analytics is as important as ever to companies of all sizes, and we are extending our leadership position in the market at scale."
License revenue grew to $116.3 million, up 20 percent year over year, while international revenue grew to $57.1 million, up 55 percent year over year.