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.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News