* Expects first-quarter revenue $61 mln-$63 mln vs est $60.3
* Fourth-quarter revenue $81.5 mln vs est $67.1 mln
* Adj EPS $0.20 vs est breakeven
* Shares rise as much as 16 pct
(Adds forecast, details, analyst and conference call comments)
By Chandni Doulatramani
Feb 4 Data analysis software maker Tableau
Software Inc forecast better-than-expected
current-quarter revenue after reporting quarterly results that
handily beat analysts' estimates, sending its shares up 16
percent in extended trading.
License sales of the company's business intelligence
software jumped 93 percent to $58.0 million, with existing
customers contributing 66 percent of total license revenue.
"The company also experienced acceleration in large deal
sign-ups and new customer signings given that this was the
fourth quarter and momentum remains in their favor," Mizuho
Securities U.S.A. analyst Abhey Lamba said in a note.
Tableau said it closed 179 sales orders of greater than
$100,000 and added more than 1,800 customer accounts in the
fourth quarter. The company now has 17,000 customer accounts.
The company said it expects first-quarter revenue of $61
million to $63 million, beating analysts' average expectation of
$60.3 million, according to Thomson Reuters I/B/E/S.
Tableau's software is used by companies such as Google Inc
, Deere & Co, Sears Holdings Corp and
affiliates of Verizon Communications Inc to retrieve
large volumes of data. The software also helps users analyze,
visualize and share information.
The company posted a net income of $11.2 million, or 16
cents per share, in the fourth quarter, compared with a loss of
$1.1 million, or 3 cents per share, a year earlier.
Excluding items, earnings were 20 cents per share.
Revenue nearly doubled to $81.5 million.
Analysts on average had expected Tableau to break even on a
per share basis on revenue of $67.1 million, according to
Thomson Reuters I/B/E/S.
The company's shares closed at $79.43 on the New York Stock
Exchange on Tuesday. Tableau had a blockbuster debut in May,
with its shares rising as much as 68 percent.
(Reporting by Chandni Doulatramani in Bangalore; Editing by