The Growth of Tableau

November 9, 2013

Good news for those with Tableau Software stock, the company is showing record growth. GeekWire focuses on the company’s current success in, “Tableau Posts 90% Revenue Gain And Tops 1,000 Staffers, Files For $540 Million Secondary Offering.” Despite the growth, Tableau is seeing red due to a $2.5 million net loss. That does not stop people buying in or Tableau filing for a $450 million secondary offering.

How do the numbers stack up? Tableau saw a $61.1. million profit, which is a 90% increase from the same time last year. It can be surmised that Tableau will use the monies to cover the net loss.

What about stock options?

“Tableau went public in May at $31 per share, and since then the stock has been on the rise. Shares are now trading at $68.99 in after hours trading, up nearly 10 percent. The company’s market value stands at $3.74 billion, and it now employs 1,039 full-time employees worldwide. That’s up from 188 in December 2010 and 749 in December 2012.”

The investors who bought stoke in May are very happy right now. Where will the company invest its money and go next? Do we expect to see a rise and fall in the stock price? Yes, the real question is how long will it continue to trend upwards.

Whitney Grace, November 09, 2013

Sponsored by ArnoldIT.com, developer of Augmentext

Written by Stephen E. Arnold · Filed Under Financial, News

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.