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If There Is A Long Case For Tableau, We Can’t See It

June 1st, 2017 · No Comments

  • While growth has clearly decelerated, Tableau is still the leading data analytics provider.
  • The company is making a sensible move towards a subscription-based model. This puts a damper on growth in the near term, but this is an optical effect.
  • However, we have one big concern. The company struggles to be profitable on a non-GAAP basis, let alone on a GAAP basis.
  • The main culprit, share-based compensation, is nearly a quarter of revenue.

If There Is A Long Case For Tableau, We Can’t See It

Tags: DATA