U.S. Markets open in 1 hr 7 mins

Tableau Software Continues Surge Following Mixed Q1 Results

Tony Owusu

shares are up another 5.4% after rising sharply in Thursday's after hour session following its first quarter earnings beat. The business analytics software product maker reported net losses of $88.9 million, or 2 cents per share on an adjusted basis, on revenue of $282.5 million. "We saw strong subscription momentum during Q1 with our mix at 84 percent and our annual recurring revenue exceeding $900 million, up 41 percent year-over-year," said Adam Selipsky, President and Chief Executive Officer of Tableau.