Tableau Software's stock (Symbol:DATA) fell as much as 50 percent this evening because the big data, analytics and business intelligence company isn't growing as quickly as Wall Street has hoped. Tableau's fall from grace shows just how quickly -- and how painful -- a tech stock correction can arrive, even if customer adoption remains strong and channel partner programs are ramping up.At first glance, Tableau's business is spectacularly strong. For is Q4 2015 results, announced today:Still, investors were disappointed with that license revenue figure. Then, Wall Street ran for the exits when Tableau cut its 2016 Q1 revenue forecast to $160 million to $165 million, below consensus of $179.5 million, according to Barron's.Although the overall big data market remains healthy, many individual stocks in the sector became overheated in 2015 and are now either flaming out or cooling off dramatically.Shares in Hortonworks tumbled last month when the Hadoop provider to Wall Street that it planned to raise more money. And Splunk, which offers analytics for log management and more, has seen its shares trading near 52-week lows in recent days.
- Total revenue grew to $202.8 million, up 42% year over year.
- License revenue grew to $133.1 million, up 31% year over year.
- International revenue grew to $53.7 million, up 63% year over year.
- More than 3,600 new customers embraced the company's analytics and business intelligence tools.
