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. 

Qlik Technologies (QLIK) Stock Rises

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:

QLIK Q1 and Full Year 2013 Guidance
QLIK Q1 and Full Year 2013 Guidance

QLIK Stock Rises