February 15, 2013 at 11:37 AM EST
Qlik Q4 Proves Comeback From Poor Q2; Stock Soars
Qlik Technologies (QLIK) stock soared early Friday after its fourth-quarter results late Thursday beat Wall Street views, two quarters after a disappointing report dulled its outlook. Shares were up 19%, near 27, a nine-month high. The maker of business analytics software reported per-share profit minus items of 25 cents, 2 cents better than what analysts had expected and 2 cents more than it reported in the year-ago period. Revenue jumped 27% to
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