Qlik Technologies (Nasdaq: QLIK ) reported earnings on Feb. 14. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Qlik Technologies beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share didn't change.
Margins contracted across the board.
Qlik Technologies reported revenue of $137.5 million. The 17 analysts polled by S&P Capital IQ expected a top line of $126.9 million on the same basis. GAAP reported sales were 27% higher than the prior-year quarter's $108.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.25. The 19 earnings estimates compiled by S&P Capital IQ anticipated $0.23 per share. GAAP EPS of $0.15 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 90.0%, 110 basis points worse than the prior-year quarter. Operating margin was 19.3%, 500 basis points worse than the prior-year quarter. Net margin was 9.6%, 290 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $94.3 million. On the bottom line, the average EPS estimate is -$0.01.
Next year's average estimate for revenue is $452.7 million. The average EPS estimate is $0.37.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 384 members out of 417 rating the stock outperform, and 33 members rating it underperform. Among 101 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 96 give Qlik Technologies a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Qlik Technologies is outperform, with an average price target of $24.80.
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