Analyst Jack Andrews cites the roughly in-line Q3 revenue with ratable mix above the high end of the guidance and management’s FY19 ASC 6060 revenue guidance that implies 20% growth at the midpoint.
Andrews: “We believe DATA shares are poised to benefit from market growth, specific product catalysts, and the cloud transition.”
Tableau Software shares are up 15.7% to $121.51.
Previously: Tableau Software reports mixed Q3 (Nov. 6)
Previously: Tableau guides upside Q4 revenue, FY19 operating profit; DATA +6.7% (Nov. 7)
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