Qlik Tech (QLIK) Tops Q4 EPS by 3c; Guides Below the Street

Qlik Tech (NASDAQ: QLIK) reported Q4 EPS of $0.32, $0.03 better than the analyst estimate of $0.29. Revenue for the quarter came in at $182.8 million versus the consensus estimate of $179.89 million.

Qlik Tech sees Q1 2015 EPS of ($0.15)-($0.13), versus the consensus of ($0.10). Qlik Tech sees Q1 2015 revenue of $111-115 million, versus the consensus of $127.2 million.

Qlik Tech sees FY2015 EPS of $0.32-$0.35, versus the consensus of $0.34. Qlik Tech sees FY2015 revenue of $615-625 million, versus the consensus of $635.93 million.

Lars Björk, Chief Executive Officer of Qlik, stated, “I am pleased with our fourth quarter results. We delivered revenue and non-GAAP operating profit that exceeded our expectations as we successfully captured the increased demand for our next-generation BI solutions. We believe we are well positioned entering 2015 as our dual product strategy, QlikView for guided analytics and Qlik Sense for self-service BI, opens up even more opportunity for us to fulfill companies’ complete BI requirements. Our focus this year is to drive meaningful revenue growth while growing expenses at a slower rate, in order to realize incremental operating leverage.”

For earnings history and earnings-related data on Qlik Tech (QLIK) click here.

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