Data analytics provider Tableau Software reported second quarter earnings after the bell today.
The Seattle-based company posted a loss due to higher than expected expenses for the quarter, while still beating analyst s expectations in terms of revenue.
For the three months ended June 30, Tableau posted total revenue of $198.5 million and non-GAAP net earnings came in at $0.00.
Finance expected revenue at $193.75 million and EPS at $0.05.
As for GAAP measures, net loss was $47.5 million, or $0.64 per diluted common share, compared to a net loss of $19.0 million, or $0.27 per diluted common share, for the second quarter of 2015.
In quarter two, our expenses came in higher than planned, said Tom Walker, Tableau s CFO, during a conference call with analysts.