NEW YORK (TheStreet) -- Shares of Qlik Technologies were gaining 5.3% to $25.92 Friday after beating analysts' estimates for earnings and revenue in the third quarter. The software company reported earnings of 1 cent a share for the third quarter, about the Capital IQ Consensus Estimate of break-even earnings. Revenue grew 26.1% year over year to $131.3 million for the quarter, above analysts' estimates of $124.1 million. License growth revenue grew 24% year over year to $67.5 million in the third quarter.
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twocents@thestreet.com (Shawn Ingram), The Street
Fri, 10/24/2014 - 8:06am
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