Qlik Technologies (QLIK) PT, Estimates Cut at Jefferies
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February 12, 2016 9:57 AM EST
UBS analyst, Brent Thill, thinks Qlik Technologies' (NASDAQ: QLIK) miss was optical and reduced his price target to $35 from $38. While the 3.8x EV/S multiple used to derive the PT may be in line with other software companies, it still implies a 56 PE for a company that is having difficulty with margins. No change to Buy rating.
4Q's topline miss was largely optical and due to $4M in incremental FX headwind, excluding... More
February 11, 2016 4:10 PM EST
Qlik Tech (NASDAQ: QLIK) reported Q4 EPS of $0.31, $0.07 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $205.5 million versus the consensus estimate of $208.12 million.
GUIDANCE:
Qlik Tech sees Q1 2016 EPS of ($0.14)-($0.12), versus the consensus of... More
