February 15, 2013 – Shares of Qlik Technologies (QLIK) surged 17.89% today. The stock was the highest gainer across the NYSE and Nasdaq, ending the day at $26.83.
Yesterday, after the trading day, QLIK reported Q4 and Full Year 2012 financial results that beat stock analysts' estimates. For the fourth quarter, total revenue increased to $137.5 million, a 27% jump from Q4 2011. License revenue also increased by 24% to $93.5M while total revenue for the firm’s Americas business increases 41%.
Full Year 2012 revenue came in at $388.5 million, an increase of 21%. The firm, which develops “big data” software products, also issued guidance for Q1 and Full Year 2013 as follows: