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Tableau's robust growth attributed to continuing success in landing new customers, increasing adoption within existing customers, and growing internationally
SEATTLE, Wash. – May 7, 2015 - Tableau Software (NYSE: DATA) today reported results for its first quarter ended March 31, 2015.
"We started the year gearing up for the launch of Tableau 9.0. During the quarter, momentum started to build as we kicked off product roadshows, giving hands-on experience to thousands of data enthusiasts. I am pleased to report that early last month we released Tableau 9.0, bringing big advances in analytics," added Chabot.
Total revenue increased 75% to $130.1 million, up from $74.6 million in the first quarter of 2014. License revenue was up 74% to $84.4 million, up from $48.4 million in the first quarter of 2014. International revenue grew to $31.7 million, up 89% year over year.
GAAP operating loss for the first quarter of 2015 was $13.8 million, compared to a GAAP operating loss of $1.9 million for the first quarter of 2014. GAAP net loss for the first quarter of 2015 was $10.0 million, or $0.14 per diluted common share, compared to GAAP net loss of $5.6 million, or $0.09 per diluted common share for the first quarter of 2014.
Non-GAAP operating income, which excludes stock-based compensation expense, was $8.4 million for the first quarter of 2015, compared to non-GAAP operating income of $6.1 million for the first quarter of 2014. Non-GAAP net income, which excludes stock-based compensation expense and related income tax adjustments, was $5.8 million for the first quarter of 2015, or $0.08 per diluted common share, compared to non-GAAP net loss of $0.4 million, or $0.01 per diluted common share for the first quarter of 2014.
Recent business highlights:
Conference Call and Webcast Information
In conjunction with this announcement, Tableau will host a conference call at 1:30 p.m. PT (4:30 p.m. ET) today to discuss Tableau’s first quarter 2015 financial results. A live audio webcast and replay of the call, together with detailed financial information, will be available in the Investor Relations section of Tableau’s website at http:// investors.tableau.com. The live call can be accessed by dialing (855) 592-5013 FREE (U.S.) or (678) 224-7834 (outside the U.S.) and referencing passcode: 25746770. A replay of the call can also be accessed by dialing (855) 859-2056 FREE (U.S.) or (404) 537-3406 (outside the U.S.), and referencing passcode: 25755559.
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