Qlik Technologies (QLIK) PT Raised to $40 at UBS

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Go back to Qlik Technologies (QLIK) PT Raised to $40 at UBS

Qlik Announces Strong First Quarter 2016 Financial Results

April 28, 2016 4:12 PM EDT

First quarter total revenue of $138.0 million increases 15% year-over-year; 18% in constant currency

RADNOR, Pa.--(BUSINESS WIRE)-- Qlik (NASDAQ: QLIK), a leader in visual analytics, today announced financial results for the first quarter ended March 31, 2016.

Lars Björk, Chief Executive Officer of Qlik, stated, We are pleased with our performance in the first quarter. Our balanced business model and continued momentum with Qlik Sense® enabled us to deliver total revenue and non-GAAP operating results that exceeded the high-end of our first quarter guidance ranges. We are capitalizing on our... More