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Tableau subscriptions growing faster than expected, but stock drops following earnings miss – GeekWire - TechBullets
Nat Levy / GeekWire - 2 years ago
  • Tableau Software stock is down Thursday after the company fell short of Wall Street expectations for profits and revenue.
  • The Seattle data visualization company reported earnings 8 cents per share on $214.9 million in revenue, versus expected profits of 9 cents per share on $219.4 million in revenue.
  • “Customers are embracing our subscription offerings even faster than expected,” Adam Selipsky, president and CEO of Tableau said in a statement.
  • Tableau stock fell approximately 10 percent following its latest financial report.