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Friday, Jul 27
2012, 11:58 AM
Informatica (INFA +8.6%) and Qlik (QLIK +17.4%), bid up on big data hype and hammered due to...
Informatica (INFA +8.6%) and Qlik (QLIK +17.4%), bid up on big data hype and hammered due to earnings warnings (I, II) partly stemming from heavy European exposure, are surging after posting Q2 results (I, II) and issuing soothing guidance. Informatica expects 2012 revenue of $812M-$832M and EPS of $1.45 (consensus is for $822M and $1.44), and Qlik expects 2012 revenue of $376M-$378M and EPS of $0.31-$0.35 (consensus is for $377.3M and $0.34.). MSTR +3.4%. TIBX +5.3%. (INFA transcript) (QLIK transcript)