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Thursday, February 1, 2018

=Tableau Software (DATA) reported earnings on Thur 1 Feb 2018 (a/h)

Tableau Software beats by $0.09, beats on revs, announces CFO transition
  • Reports Q4 (Dec) earnings of $0.12 per share, $0.09 better than the Capital IQ Consensus of $0.03; revenues fell 0.5% year/year to $249.4 mln vs the $240.63 mln Capital IQ Consensus.
  • Total annual recurring revenue was $596.2 million, up 45% year over year.
  • Ratable license bookings were 41% of total license bookings, compared to 17% in 2016.
  • During Q4, DATA repurchased 284,851 shares of the company's outstanding Class A common stock for a total of $20.0 million. As of December 31, 2017, the  company was authorized to repurchase a remaining $100.0 mln of common stock under the previously authorized repurchase program.
  • CFO Transition: Tom Walker, CFO, has decided to step down permanently from the CFO positio to take a six-month sabbatical beginning in April. The Board has appointed Damon Fletcher, Senior Vice President of Finance, as Interim CFO, effective today. Mr. Walker will assist with transition responsibilities between now and the start of his sabbatical. The company will conduct a thorough search for a permanent CFO, including consideration of internal and external candidates 

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