Why Tableau Software, Inc. Stock Rose 12.5% in August

Why Tableau Software, Inc. Stock Rose 12.5% in August

Shares of data visualization company Tableau Software (NYSE: DATA) rose a nice 12.5% during August, according to data provided by S&P Global Market Intelligence. The stock's outperformance was driven by Tableau's impressive second-quarter results released Aug. 2.

For its second quarter, Tableau's revenue and adjusted EPS exceeded analysts' consensus estimate for the quarter. Revenue for the quarter was $212.9 million, up 7% year over year. And Tableau's non-GAAP net income per share was up sharply, from $0 in the year-ago quarter to $0.10 in the second quarter of 2017.

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Source: Fool.com