Tableau Software, Inc., together with its subsidiaries, provides business analytics software products in the United States, Canada, and internationally. The company offers Tableau Desktop, a self-service analytics environment that empowers people to access and analyze data independently; and Tableau Server, a business intelligence platform with data management, scalability, and security to foster the sharing of data, as well as to improve the dissemination of information in an organization and promote enhanced decision-making. It also offers Tableau Online, a cloud-based hosted version of Tableau Server; and Tableau Public, a cloud-based platform that allows bloggers, journalists, researcher...
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Founded in 2003
Tableau Software, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015; Provides Earnings Guidance for the Fourth Quarter of 2015; Raises Earnings Guidance for the Full Year 2015; Provides Revenue Guidance for the Full Year 2016
Nov 5 15
Tableau Software, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported total revenues of $170,832,000 against $104,469,000 a year ago. Net loss was $13,373,000 or $0.19 per basic and diluted share against $4,631,000 or $0.07 per diluted share a year ago. Operating loss was $13,177,000 against $3,770,000 a year ago. Loss before income tax expense was $12,960,000 against $3,417,000 a year ago. Non-GAAP operating income was $18,396,000 against $8,743,000 a year ago. Non-GAAP net income was $10,609,000 or $0.14 per diluted share against $3,882,000 or $0.06 per diluted share a year ago.
For the nine months, the company reported total revenues of $450,837,000 against $269,693,000 a year ago. Net loss was $42,379,000 or $0.59 per basic and diluted share against $14,834,000 or $0.22 per basic and diluted share a year ago. Operating loss was $44,949,000 against $9,756,000 a year ago. Loss before income tax expense was $43,545,000 against $9,919,000 a year ago. Net cash provided by operating activities was $83,221,000 against $56,942,000 a year ago. Purchases of property and equipment were $32,792,000 against $26,588,000 a year ago. Non-GAAP operating income was $37,328,000 against $21,768,000 a year ago. Non-GAAP net income was $22,077,000 or $0.29 per diluted share against $6,721,000 or $0.10 per basic and diluted share a year ago.
For fourth quarter, the company expects revenues to be in the range of $195 million to $200 million. At the high end of this range, this represents 40% year-over-year revenue growth. For fourth quarter, the company expects operating income of $15 million to $20 million.
For the full year of 2015, the company raising prior guidance of total revenue from a range of $617 million to $627 million to a range of $645 million to $650 million, representing annual growth of approximately 58% at the high end of this range. For the full year, the company expects non-GAAP operating income to be between $51 million and $56 million. The company is still forecasting a non-GAAP tax rate of 43%, which have been using for interim periods during 2015. The non-GAAP tax rate does not assume the R&D tax credit is extended. With respect to capital expenditures, the company still expects them to be in a range of $42 million to $52 million for the year.
The company currently anticipates 2016 revenues to be in the range of $845 million to $865 million.