QlikTech Announces Fourth Quarter and Full Year 2012 Financial Results
Total revenue of $137.5 million increases 27% compared to fourth quarter of 2011
License revenue of $93.5 million increases 24% compared to fourth quarter of 2011
Total revenue in the Americas increases 41% compared to the fourth quarter of 2011
Announces CFO Transition
Qlik Technologies Inc. (“QlikTech”) (QLIK), a leader in Business Discovery — user-driven Business Intelligence (BI), today announced financial results for the fourth quarter and full year ended December 31, 2012.
Lars Björk, Chief Executive Officer of QlikTech, stated, “I am pleased with our strong fourth quarter results with revenue increasing 27% year-over-year driven by enterprise sales. As we look ahead to 2013, we continue to see strong demand for our products and we are focused on broadening our service offerings, further improving our customer ROI and driving significant levels of growth, while also targeting modest improvements in our profit margins.”
- Published: 15 February 2013
- Written by Editor