Qlik Technologies Q4 Beats on Revenue, Net
Qlik Technologies has reported its Q4 and 2012 results. For the quarter, the company notched a 27% year-over-year increase in revenue, to $138 million, while non-GAAP net profit came in at $22 million ($0.25 per diluted share) against Q4 2011's $20 million ($0.23).
Analysts had been expecting around $127 million in revenue, and an EPS of $0.23.
For the full year, Qlik brought in $389 million in revenue, and $23 million in net profit ($0.26 diluted EPS). Those numbers were 21% higher and 1% lower, respectively, on an annual basis.
Going forward, the company expects $87 million-$91 million in revenue for the current quarter, and a per-share loss of $0.12-$0.15. The outlook for fiscal 2013 is rosier; the firm anticipates $465 million-$475 million in top line, and a profit of $0.39-$0.42 per share.
The article Qlik Technologies Q4 Beats on Revenue, Net originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Qlik Technologies. The Motley Fool recommends Qlik Technologies. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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