A big increase in customers led to a big fourth quarter for Tableau Software.
The Seattle-based company, whose technology is used to visualize and analyze large sets of data, said its revenue rose more than 75 percent to $142.9 million. Its earnings of 42 cents per share eclipsed Wall Street’s expectations.
Shares of the company are up more than 12 percent in after-hours trading, to $84.21.
“I’m proud to say that our investments in people, product and customers paid off in 2014 with record revenue, strong customer adoption and accelerated growth in our enterprise business,” said Tableau CEO Christian Chabot in a statement. “In 2014, we experienced the strongest demand we’ve seen in our history, as the move to agile analytics grows faster than ever.”
Tableau said it added 2,600 new customer accounts in the quarter, posting 304 deals greater than $100,000.
