Jefferies Cuts Price Target on Tableau Software (DATA) Despite 1Q Beat

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Tableau Reports First Quarter 2016 Financial Results

May 5, 2016 4:01 PM EDT

SEATTLE, May 5, 2016 /PRNewswire/ -- Tableau Software, Inc. (NYSE: DATA) today reported results for its first quarter ended March 31, 2016.

Total revenue grew to $171.7 million, up 32% year over year. License revenue grew to $96.4 million, up 14% year over year. International revenue grew to $48.1 million, up 52% year over year. Added more than 3,500 new customer accounts. Closed 268 transactions greater than $100,000, up 8% year over year. Diluted GAAP net loss per share was $0.62; diluted... More