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Tableau sees drop in shares

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Chetanya Robinson

Chetanya Robinson

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Chetanya Robinson Jun 29, 2025

Jan 12, 2018

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                <h1>Tableau sees drop in shares</h1>
                <h2><p>Shares of Tableau Software, Inc., a Seattle data visualization company, fell almost 50 percent after the company reported the financial results of its 2015 fourth quarter. While the company reported $203 million in revenue for the quarter — up 42 percent from last quarter — it also experienced a $41 million loss.</p></h2>
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               <p>By <a href="/author/chetanyarobinson-gmail-com/">Chetanya Robinson</a></p> 
              <p><time datetime="2025-02-04T05:00:00-08:00">Jan 12, 2018</time></p>
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            <p>Shares of Tableau Software, Inc., a Seattle data visualization company, <a href="http://www.geekwire.com/2016/shares-tableau-plunge-36-company-posts-41m-loss-q4/?ref=dev.cascadepbs.org">fell almost 50 percent</a> after the company reported the financial results of its 2015 fourth quarter. While the company reported $203 million in revenue for the quarter — up 42 percent from last quarter — it also experienced a $41 million loss. Tableau CEO Christian Chabot suggested in a statement that a slight decrease in spending from customers, possibly due to cheaper alternatives from competitors, may have contributed to the loss.</p><p>Tableau provides data visualization and business analytics software across multiple platforms. <a href="http://investors.tableau.com/investor-news/investor-news-details/2016/Tableau-Reports-Q4-and-Fiscal-Year-2015-Financial-Results/default.aspx?ref=dev.cascadepbs.org">According to their website</a>, a majority of Fortune 500 companies including Cisco, Wells Fargo and Capital One use Tableau. The company also has <a href="https://public.tableau.com/s/?ref=dev.cascadepbs.org">free data visualization software</a> anyone can use to create interactive charts, maps and graphs. In December last year, <a href="http://www.geekwire.com/2015/tableau-software-set-hire-another-1000-employees-2016-ceo-says-business-flourishing/?ref=dev.cascadepbs.org">Chabot told Geekwire</a> the company plans to hire 1,000 more employees in 2016, 600 of them in Seattle. The company also plans to open a new headquarters next to Gas Works Park, overlooking Lake Union.</p>
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Shares of Tableau Software, Inc., a Seattle data visualization company, fell almost 50 percent after the company reported the financial results of its 2015 fourth quarter. While the company reported $203 million in revenue for the quarter — up 42 percent from last quarter — it also experienced a $41 million loss. Tableau CEO Christian Chabot suggested in a statement that a slight decrease in spending from customers, possibly due to cheaper alternatives from competitors, may have contributed to the loss.

Tableau provides data visualization and business analytics software across multiple platforms. According to their website, a majority of Fortune 500 companies including Cisco, Wells Fargo and Capital One use Tableau. The company also has free data visualization software anyone can use to create interactive charts, maps and graphs. In December last year, Chabot told Geekwire the company plans to hire 1,000 more employees in 2016, 600 of them in Seattle. The company also plans to open a new headquarters next to Gas Works Park, overlooking Lake Union.

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Chetanya Robinson

By Chetanya Robinson

Chetanya Robinson is a former intern with Crosscut. He was born and raised in Seattle and graduated from the University of Washington in fall 2016. He enjoys reporting on an eclectic range of topics,

Chetanya Robinson is a former intern with Crosscut. He was born and raised in Seattle and graduated from the University of Washington in fall 2016. He enjoys reporting on an eclectic range of topics,