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Tableau Software Inc. is flying high today despite reporting a mixed bag in its third-quarter results.

The data analytics software company posted a loss before certain costs such as stock compensation of 7 cents per share on revenue of $239.6 million. Tableau’s revenue rose 11 percent from the same quarter a year ago, primarily thanks to a strong showing in its U.S. enterprise business.

The earnings came in above analysts’ estimates of an 11-cents-a-share loss, though the revenue was below the forecast of $242.08 million.

Tableau said it booked third-quarter license revenue under ASC 605 standards of $118 million, up 19 percent from a year ago. Subscription licensing accounted for 81 percent of this overall revenue, up from 67 percent in the preceding quarter.

That came as no surprise, however, as Tableau Chief Financial Officer Damon Fletcher had indicated in the company’s previous quarter it was seeing “a faster-than-expected subscription transition” as existing customers migrate away from its old software licensing model that involves large onetime fees.

Doug Henschen, an analyst with Constellation Research Inc., said that was thanks to the efforts of Chief Executive Adam Selipsky (pictured) to shift and steady Tableau’s business since joining the company in 2016.

“Growth looks strong and customers are moving to subscription-based licensing more quickly than anticipated,” Henschen said. “Despite tightening competition, particularly from Microsoft with aggressive pricing of Power BI, Tableau’s numbers show that it’s sustaining growth and, amid the move to subscription-based consumption, maintaining stickiness with existing customers.”

The company also added more than 3,800 new customers in the quarter, bringing its total to 82,000 customer accounts.

The growing subscription revenue and new customer acquisitions apparently were enough to gloss over any investor concerns on the revenue front. In the after-hours trading session, Tableau’s stock jumped more than 7 percent. Update: On Wednesday, a day when the tech-heavy Nasdaq rose more than 2.6 percent, Tableau’s shares shot up more than 15 percent, to $121.16 a share.

Tableau’s results came barely a couple of weeks after it hosted its 11th annual global customer conference in New Orleans. There, it introduced a new feature called “Ask Data” that allows users to query their data in their natural voice. Ask Data was the most prominent new feature in the Tableau 19.1 beta release, which also came with new data preparation and modeling tools designed to make it easier to analyze more complex data sets.

“Customers responded enthusiastically to our new product announcements, including natural language to bring analytics to even more people, and broadening the Tableau platform with enterprise-ready data preparation capabilities,” Selipsky said in a statement.

Tableau also highlighted expanded partnerships and integrations with Amazon Web Services Inc. and Informatica LLC during the quarter.

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