Tableau Software, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported total revenues were $249,356,000 against $250,653,000 a year ago. Operating loss was $43,519,000 against $16,946,000 a year ago. Net loss was $41,838,000 against $21,088,000 a year ago. Net loss per diluted share was $0.52 against $0.28 a year ago. Loss before income tax expense was $40,184,000 against $18,308,000 a year ago. Non-GAAP operating income was $11,487,000 against $30,908,000 a year ago. Non-GAAP net income was $10,376,000 against $20,683,000 a year ago. Diluted Non-GAAP net income per share was $0.12 against $0.26 a year ago.

For the full year, the company reported total revenues were $877,059,000 against $826,943,000 a year ago. Operating loss was $190,965,000 against $139,561,000 a year ago. Net loss was $185,560,000 against $144,449,000 a year ago. Net loss per diluted share was $2.35 against $1.92 a year ago. Net cash provided by operating activities was $226,867,000 against $177,262,000 a year ago. Purchases of property and equipment were $61,823,000 against $60,732,000 a year ago. Loss before income tax expense was $178,699,000 against $137,427,000 a year ago. Non-GAAP operating income was $20,118,000 against $46,474,000 a year ago. Non-GAAP net income was $22,669,000 against $34,026,000 a year ago. Diluted Non-GAAP net income per share was $0.27 against $0.43 a year ago. Free cash flow was $461,962,000 against $77,131,000 a year ago.

The company expects first quarter 2018 revenue to be between $212 million and $222 million, representing year-over-year growth of 9% when using the midpoint of the range. This outlook assumes that the mix of ratable license bookings will represent approximately 52% to 57% of license bookings for the quarter - for the first quarter. For the first quarter, the company expects non-GAAP operating loss of $20 million to $27 million. The non-GAAP expects loss per share range to be between $0.17 and $0.24. This assumes the basic share count of 81 million shares under a net loss scenario. This also assumes $3 million in other income, primarily related to interest income on cash and investments. For the first quarter, the company expects non-GAAP operating loss of $20 million to $27 million. First quarter operating margin guidance reflects a few factors. For first quarter, the company expects the non-GAAP loss per share range to be between $0.17 and $0.24. This assumes the basic share count of 81 million shares under a net loss scenario. This also assumes $3 million in other income, primarily related to interest income on the cash and investments.

The company expects fiscal year 2018 revenue to be between $945 million and $985 million, representing year-over-year growth of 10% by using the midpoint of this range. Annual revenue guidance assumes that the mix of ratable license bookings will increase each quarter in 2018 and will reach a full year mix of approximately 55% to 65% of bookings derived from ratable licenses. This compares to fiscal year 2017 ratable license bookings mix of 41%. The company estimates long-term non-GAAP effective tax rate for 2018 and beyond will be 20%. This updated tax rate takes into consideration the recent U.S. tax legislation. Fiscal year 2018 capital expenditures expect to be between $35 million and $40 million, down from $61.8 million in fiscal year 2017. The company expects to generate non-GAAP earnings per share of approximately $0.11. This assumes $12 million in other income, primarily related to interest income from cash and investments.