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Qlik Tech (QLIK) Shares Jump 17% on Strong Q4 Results

Qlik Tech (QLIK) Shares Jump 17% on Strong Q4 Results

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The analytics-software provider is closing more large deals with enterprise customers
The analytics-software provider is closing more large deals with enterprise customers

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Categories:Types, Business/Law
Published by: TechStockProspector.com on Feb 15, 2013
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02/15/2013

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Robert DeFrancesco’s
 
TechStockProspector.com
February 15, 2013
Qlik Tech (QLIK) Shares Jump 17% on Strong Q4 Results
NOW AVAILABLE:
The February 2013 issue of 
Tech-Stock Prospector 
for yourAmazon Kindle or Kindle for iPad/iPhone reading app.Here are some of the topics covered in the February 2013 issue:*A subtle sentiment shift for
 Apple
 
*
Oracle
to acquire
 Acme Packet 
 *Two potential buyout targets in networking
 
*Appreciating
Google’s
online video gem
 
*Cloud-software updates:
NetSuite
,
Ultimate
&
Concur
 
*
Fortinet 
experiences a growth uptick 
 
*A cloud name to watch:
E2open
 *
Symantec
sets a new course
 
*Customer concentration trips up
Fusion-IO
 
*
LinkedIn
builds engagements as user base grows
 
*Why some big investors like
ServiceNow
 
*New growth drivers for
Citrix Systems
 
*
Riverbed Technology
looks to OPNET for growth
 
*
 Aruba Networks
benefiting from BYOD trend*
Cornerstone OnDemand
expands its customer base
 
*
Deal Report:
IBM
on the M&A hunt?
 
Order the February 2013 issue here:http://www.amzn.com/B004T6Z0ME 
------------------------------------------------------------------------------------------------------------Shares of 
Qlik Technologies
(QLIK, $26.65) today are surging 17% after thecompany, a provider of business intelligence solutions, beat the Q4 consensus EPSestimate of 23 cents by two cents on revenue of $137.5 million (+27.2% year overyear), well above the consensus of $126.8 million.License revenue rose 24% to $93.5 million and maintenance revenue was up 40% to
$34.9 million. After two quarterly stumbles in a row, Qlik’s Q4 results are quite
impressive, particularly the 41% revenue growth from the Americas region, whichrepresents 36% of total revenue.

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