QLIK TECH LOSS ALMOST DOUBLES
- Friday, 02 May 2014
- News and Analysis
Qlik Technology, which makes the Qlik View analytic line, turned in a loss for the first quarter ended March 31 that was nearly double the year ago figures as revenue rose by 15.1 percent. The most notable thing in last month's earnings calls was not the numbers but the views expressed by some analysts. One told CFO Tim MacCarrick that there is concern in the investment community "around your ability to make sure you hit the numbers" and asked if there was "Anything more you can say that would give the investment community comfort in your forecasts?"
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