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What to Expect from Qlik Technologies

By Seth Jayson - Updated Apr 10, 2017 at 1:46PM

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Checking expectations

Qlik Technologies (Nasdaq: QLIK) is expected to report Q1 earnings on April 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Qlik Technologies's revenues will grow 15.3% and EPS will remain in the red.

The average estimate for revenue is $91.2 million. On the bottom line, the average EPS estimate is -$0.12.

Revenue details
Last quarter, Qlik Technologies booked revenue of $137.5 million. 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 details
Last quarter, non-GAAP EPS came in at $0.25. GAAP EPS of $0.15 for Q4 were 17% lower than the prior-year quarter's $0.18 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 89.6%, 200 basis points worse than the prior-year quarter. Operating margin was 19.3%, 550 basis points worse than the prior-year quarter. Net margin was 9.6%, 490 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $471.9 million. The average EPS estimate is $0.40.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 379 members out of 414 rating the stock outperform, and 35 members rating it underperform. Among 97 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 89 give Qlik Technologies a green thumbs-up, and eight 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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Stocks Mentioned

Qlik Technologies, Inc. Stock Quote
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