Shares of Tableau Software Inc. rose nearly 16% in after-hours trade on Thursday after the company reported fourth-quarter earnings results that were better than Wall Street expected. Tableau reported a net loss of $41.84 million, or loss of 52 cents per share, compared with a loss of $21.09 million, or 28 cents loss per share during the same quarter a year ago. The company reported adjusted earnings of 12 cents per share, while FactSet’s consensus was 3 cents. Revenue for the quarter was $249.36 million, down slightly from $250.65 million a year ago, but above FactSet’s $241.0 million consensus. Tableau said that Chief Financial Officer Tom Walker will step down from his role effective immediately after more than 13 years. The board tapped Senior Vice President of Finance Damon Fletcher to serve as interim CFO until they find a permanent replacement. They will consider internal and external candidates. The board also appointed Gerri Martin-Flickinger, chief technology officer for Starbucks, as a new director. Shares of Tableau are up 59% in the last 12 months, while the S&P 500 index is up close to 24% and the Dow Jones Industrial Average is up more than 31%.
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