Tableau Software Shares Fall As Revenue Misses Street Target

By Wallace WitkowskiMarketsMarketWatch Pulse

Tableau Software Inc. shares dropped in the extended session Tuesday after the visual data analytics company's revenue fell short of Wall Street estimates while topping those for earnings. Tableau shares dropped 14% to $42.45 after hours. The company reported adjusted third-quarter earnings of 16 cents a share on revenue of $206.1 million. Analysts surveyed by FactSet had forecast earnings of 7 cents a share on revenue of $213.8 million.

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