Business intelligence software vendor Tableau is scheduled to release its fiscal 2015 fourth quarter earnings on February 4th.  The company’s consistently strong growth in its customer base is expected to have continued in the fourth quarter, despite concerns of a slowdown among investors. Tableau’s stock price jumped by almost 20% in a single day following the release of stellar third quarter results. However, it fell by 25% in the fourth quarter due to the entry of new players such as Amazon in the business intelligence market and mixed analyst reports on the company. It is worth noting that despite these concerns, Tableau guided fourth quarter revenue to grow by as much as 40% year on year.  We believe that if the company is able to achieve the high end of its guidance, its share price could see a surge similar to the one following the third quarter results.

from Forbes – Tech http://ift.tt/1Qd472z
via IFTTT