Feb 14 Business software maker Qlik Technologies
Inc reported higher quarterly revenue, helped by an
increase in license sales, sending its shares up 16 percent
after the bell.
Net income fell to $13.3 million, or 15 cents per share, in
the fourth quarter, from $15.6 million, or 18 cents per share, a
Revenue rose about 27 percent to $137.5 million. Revenue
from licenses rose about 24 percent to $93.5 million
The company also said Chief Financial Officer Bill Sorenson
would resign for personal reasons. He will continue in the
position until a successor is named.
Qlik shares closed at $22.76 on the Nasdaq on Thursday.