What: Shares of data analytics visualization specialist Tableau Software (NYSE:DATA) got crushed by as much as 23% today after reporting second-quarter earnings and providing full-year guidance that failed to meet lofty Street expectations. At 2:45 p.m., shares were down roughly 14%.

So what: Revenue jumped 65% to $149.9 million, while the company also continued to grow overseas with international sales increasing 83%. Tableau put up adjusted earnings per share of $0.07. Compare those top- and bottom-line results to the consensus estimates of $141 million and $0.05 per share. Tableau even increased full-year revenue guidance to $617 million to $627 million, up from the previous range of $600 million to $610 million, but it still wasn't enough to satisfy investors.

Now what: On average, analysts were expecting Tableau to generate nearly $620 million in revenue for the full year and post adjusted earnings per share of $0.40. Those expectations may be a bit lofty relative to Tableau's forecast, as well as the fact that the company has only put up adjusted earnings per share of $0.15 in the first half of the year. While Tableau's business is seasonally backloaded, investors may still be asking for too much. Objectively, Tableau had a strong quarter, adding over 3,000 customer accounts and closing over 230 deals valued at over $100,000 each. But keep in mind that Tableau is very much priced for growth so any missteps will be badly punished.

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